Dear All,
I required help for a requirement raised by my business.
As per business requirement, Accumulated depreciation account should be posted in same profit center (splitting is activated) in which it was acquired during purchase.
Scenario is like :-
I have created a new asset code 6000000265 in class 6000.
In asset master, I have attached Cost center and WBS element having
different profit center in Time Dependent data tab.
In configuration (IMG à Financial Accounting à Asset Accounting à
Integration with the
General Ledgerà Additional Account Assignment Objects à Specify Account
Assignment Types for Account Assignment Objects) we have made a setting
that acquisition and Depreciation based on WBS element & Cost center both which ever is available (system will give priority to WBS element if both exist).
Cost Center having profit center X and WBS element having profit center Y
We acquire this asset with value 100,000.00 which get booked in profit
center based on WBS element.
Account Entry
Asset 100000 (Dr) PA Y
Vendor 100000 (Cr) PA Y
Now if we run depreciation then system will pass account entry in
profit
center attached with WBS element in both the line item
Account entry
Depriciation XXX(Dr) PA Y
Acc. depriciation XXX(Cr) PA Y
If we change the customize setting from Both option to only based on
Cost
center (Dep. setting above one)
then account entry (dep posting) will get booked in profit center based on Cost
center
Account entry
Depriciation XXX(Dr) PA X
Acc. depriciation XXX(Cr) PA X
but client requirement is to post Acc. Depreciation account in profit
center attached with WBS element not based on cost center as it is part
of balance sheet account in which it was initially acquired and for
better segment reporting.
Account entry
Depriciation XXX(Dr) PA X
Acc. depriciation XXX(Cr) PA Y
Thanks & Regards,
Jitendra