Budget in Assets Management

[TIGER]

Hi,

Could anyone help me where can I prepare the capital expenses budget in 2003? We have implemented Assets management module but without implement Investment Management.

Regards

Tiger

[NEWSAP2112]

You can implement AUC/Internal Orders and track your expenses through there. It's not perfect, but it is a tool that is available.

[tiger]

Thanks mike

Under the internal order, can we calculate the planned depreciation for the forcoming budget period which finally settled to related cost centre.

For this purpose, do we need to open one internal order no for individual cost centre for easy settlement to right cost centre?

Cheers

Tiger

[guest123]

are u using profit center accounting with balance sheet for profit centers? If yes, you can use the planning for assets at profit center level. Also depreciation planning.

cheers

[Tiger]

Thanks mike

Any transaction code for this. Does you mean by using profit centre accounting to build the balance sheet budget can facilitates the automatic depreciation function (like the planned depre in FI-AA)? If yes, can this depreciation utimately be recorded in each cost centre?

Cheers

Tiger

[guest123]

In Profit center planning, we can have plan for revenue, expenses and balance sheet items. for expenses, we if you are using cost center planning (transaction KP06) can be copied to profit center(1KE0).

If you are using profitability analysis and doing the planning there (transacitoni KEPM), you can copy the plan from profitability analysis planning for planning revenues for profit center (KE1V).

Balance sheet related planning has to be done specifically in PCA.

As far as depreciation planning is concerned, the planned depreciation for the assets is available directly in the system use transaction code AR02 and history sheet version if I am not wrong 0003 and the date, end of year. For the depreciation, there is no planning/budgeting required.

cheers

[Guest]

I have used IOs previously for this purpose, without using IM, but using a statistical order posted for all asset postings. This was substituted as an auxialliary account assignment at run-time. (If you enter it in the asset master record, it only occurs the depreciation - it is not updated with capital charges). The underlying asset account was created as a cost element type 90. The asset was also assigned to a real cost-centre for the depreciation charge. Thus we could use standard reporting for actual vs plan capital & depreciation charge.

One thing I don't like about using IOs for recording the capital expense direclty & then settling it is that the expense must lie in the P+L until settlement - the same is true if using IM though.

[Mark]

As mentioned you can create a order type for stat internal orders, when creating the asset master record populate the field investment order with the stat order.

Create the cost elements (program for this in customising) - and whenever you invest on this asset the value of the investment is reflected on the internal order.

You can then perform planning on the cost element (asset recon account) on the internal order.

Regards
-Mark