FI AA reconcilliation using ABST2

[Former Member]

Hi,

I created a legacy asset and entered the take over value of 10000. Date of capitalisation updated in asset master is 31.12.2014.

I had yet not updated anything to GLs. I ran ABST2 and below is what I got.

Above is clear as there is only data in AA.

But after this, I did an OASV posting as below.Here 16100 is the asset recon account.

Note that the posting date is 01.01.2014

After this, I expect AA and FI to reconcile. But they are not reconciling in ABST2. I get the below output.

I just wanted to know, how to reconcile FI and AA, and how to interpret ABST2, output.

Regards

SR

[raymond_moynihan · Accepted solution]

Hello

To explain how transaction ABST2 works:
RAABST02 (ABST2), selects the asset summary records (ANLC), summarizes
the values on G/L account and business area levels, and writes the
summarized values to table EWUFIAASUM.
Then this table is read, and the values are reconciled with the G/L
accounts.

The following accounts are reconciled:
Balance sheet account APC
Balance sheet account down payments
Balance sheet account revaluation
Balance sheet account special items
Value adjustments ordinary depreciation
Value adjustments special depreciation
Value adjustments unplanned depreciation
Value adjustments transfer of reserves
Value adjustments revaluation of ordinary deprec.

If no differences are found by ABST2, it means that there are no
differences between the asset summary records (ANLC) and the
summarized values on G/L  accounts and business areas.

If all the checking of Note 104567, points 3) and 4) are OK, please read
the following information:

The reconciliation program checks if the fiscal year start values
of asset accounting does correspond to the fiscal start values in FI.
If you use OASV with period XX you may did not make the reconciliation
by the beginning of the year. But as described in the note 124188,
this will be only a warning situation if in any line of the doc.no.
W004 is shown. If W004 is shown in any line of the doc.no, your system
is pretty much reconciled.

ABST2 can only show the difference between GL and FI-AA on an accounting
level, you will see no asset numbers nor document numbers. It'll show
the difference in amount in total for the account.

So if you see difference in ABST2, you can run ABST (RAABST01) that
then shows the details of the differences detected via ABST2 (RAABST02).
In order for the report to pick up the details of these differences, you
will have to make sure that the G/L account is line item managed.
(FS03 -> 'Line item dispaly' must be set).

regards

Ray Moynihan

[Former Member · Accepted solution]

Hi Mr Ray,

Thanks for the inputs. In my case, I see three lines, two with W004. Does that mean that the reconciliation is correct ? Or it is so , that even if in any line there is W004, the reconcilliation is correct ?

Please let me know.

Regards

SR

[madhusoodanan_ramachandra]

Hi Swastik,

The problem with OASV is, you cannot enter parallel currency values and that will result in a mismatch in ABST2.  Better approach is use OAMK route.

Please find below, one of my earlier postings...

.....

4) If your company code is set up with different currencies, update financial entry as below

       i)   Execute OAMK and Click on "Delete Reconciliation Ind. for All Accts"

       ii)  Post Conversion entries to thru FB01.

       iii) Execute OAMK and Click on "Set Reconciliation Ind. for All Accts"

You can find complete information in

Best Regards,

Madhu