Revaluation Of Fixed Asset :

Asset Accounting

The method offer by SAP by execute Inflation Accounting or Revaluation of Fixed

assets consist in the
calculation of the Fixed Asset trough INPC index or any other index defined.

This solution is developed to countries with a high inflation index where is necessary
adjusting the
Inflation over fixed assets periodically as a part of the close activities.

It can be used the INPC index disclosed or any other index depending of the
enterprise necessities , it
means apply the values in points or percentages, these can be applied in the same
way over all fixed
assets.

Update Inflation Indexes

Use

The system includes inflation indexes like model to different version of country.

These indexes can be used, but in this case is necessary modified inflation indexes.
This model can be
used like a basis to create the new ones.

In the end this procedure consists in update month by month, before execute the
process of the

revaluation.
This index can be provisional or definitive but always must to be store; in the other
hand the system
doesnt carry out any calculation.

Is possible to update provisional or definitive value by an index. The update of the

provisional values
could be optional; it depends of the inflation requisites. In Mexico the index used is
INPC (Indice
Nacional de precios al Consumo). The value for the present month is know at the
beginning of the next
month, sometimes could be necessary to carry out the revaluation with an estimate
index for later do the
process with a definitive index.

When an index is created by first time is necessary to indicate the index value of
first date and the last
one. The system needs this information in order to do the calculation for the net
inflation.

For instance if is created a new monthly index at the beginning of 20x2, you must to
entry the
corresponding values since 20x2 January 31 until 20x1 December 31.

Procedure

1. Follow the next path in order to entry the IPC values in the corresponding month:

Menu SAP

SPRO Financial accounting (new) Financial accounting global

settings (new) Inflation Accounting Maintain inflation indexes

In the screen

select by double click

After that in the Left side of the screen select by double click
, with this step, we arrive to
the screen where we can update indexes. The value of the index must be entry in
column accumulated
because the percentage and rate will be calculated automatically by the system.

Change View Header, select the index to update (INPC) an in the left side of the
screen,

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Result

The system is updated, and the monthly index could be use to the calculation
accounting inflation or
revaluation asset fixes which are executed monthly before of the Depreciation
process.
2. Follow the next path in order to update the last date of the revaluation:

Menu SAP

SPRO Financial accounting (new) Financial accounting

global settings (new) Inflation Accounting inflation
Methods Maintain inflation methods

In the screen entry the country:

Choose enter
Entry la last date of the revaluation in the field Last rev. date wit the first day of the
current month.
For instance 01.07.2008.

Result

The system is updated and can be executed the revaluation at the end of the
current month.

Execution of the Revaluation program

Procedure

This program carry up the accounting inflation or revaluation of the acquisition

value and do the
depreciation accumulated by the previous period. The accounting of this
calculations is reflected in
Finances after execute the program of depreciation (AFAB)
1. Follow the next path or the transaction code

Option 1: SAP Graphical User Interface (SAP GUI)

Menu SAP ECC

Transaction Code

Option 2: SAP NetWeaver Business Client (SAP NWBC) trough the Business rol.

Business Rol (Name)

Business Rol Menu

Accounting Financial Accounting Fixed assets Periodic

processing revaluation for the Balance sheet Inflation

J1AI

SAP_BP_FINACC-K (Main Accounting)

Main accounting > Periodic processing > Revaluation asset fixes

(inflation)

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2. In the screen Asset revaluation(inflation) , entry the necessary data and/or follow
the next instructions
according with the next table:

Name of field

Company Code

Fiscal year

Asset Value date

Description

Values

1000

Current Year

DD/MM/AAAA

Comment

Company Code1000

Entry the last day of

the month to adjust

Predetermined value

Session name

Test run

REV__MM/YYYY

Extended output list

Once all necessary entries are done , execute the process

Current month, always

must to be the last day of
the moth to calculate

ID of the execution name

(Batch input).

Required. If it is not
activated indicate that
the program will be
executed.

View in extended format

Result

These data will generate a batch input with the value of the revaluation; this must
be executed in order to
entry the revaluation in asset accounting.

Execute Batch Input

Procedure

To execute the batch input data , follow the next path or the transaction code:

Option 1: SAP Graphical User Interface (SAP GUI)

Menu SAP ECC

Transaction code

Option 2: SAP NetWeaver Business Client (SAP NWBC) trough the Business rol.

Business Rol (Name)

Business Rol Menu

The name of the batch input data is defined by the system (REV_MM/YYYY) at the
moment of executes
the inflation.

Select the batch input generated and click in

and then click in

System Services Batch Input Sessions

SM35

SAP_AIO_EMPLOYEE-S (employee)

Control panel -> execute in background -> supervise Batch Input

. In the processing mode, select in background

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Result

The historical revaluation and the recovery accumulated will be entry in asset
accounting by each asset
fixe and keep drawing up its accounting in general ledger.
The definitive accounting in general ledger only will be done when the process of
depreciation is
executed.
If you wish to verify the values entries, use the Explorer of asset fixes (Transaction
code AW01N),
select an asset fixed to the current fiscal year in the bottom of the screen must be
the revaluation values

updated by the executed month Reval cont.