Here’s a guide to help you understand and perform Asset Revaluation Transaction in SAP.

A. Ensure that the configuration settings are propertly set-up. You need to do the following configuration:

• Determine Depreciation Areas for Revaluation (OABW)
• Define Revaluation Measures (AUFW)
• Maintain Accounts for Revaluation
• Define Transaction Types for Revaluation (AO84)
• Limit Transaction Types to Depreciation Areas (OAXJ)

B. Assuming all configuration set-up is done, you may now run transaction ABAW. Enter the document date, posting date, asset value date, amount of revaluation, text, reference and other important information and save it. An asset document number is created. You can display the document created using transaction AB03.

Remember, after saving the ABAW transaction only the asset sub-ledger is updated. You can display the asset explorer using transaction AW01N. The revaluation values are reflected in the asset explorer as planned values. There are no amounts posted yet in general ledger accounts.

Run depreciation posting run (AFAB) to post the revaluation entry with the related increase (decrease of accumulated depreciation). You may run through test run first. If no other errors found, you could display the entry that would be created:

70   APC of assets (Total of APC gross and portion of depreciation)

50  Asset Reversal Reserve (increase in APC gross)

75  Accumulated depreciation (Depreication in prior years)

After final run of depreciation posting, the values are posted to the general ledger accounts.

Do note that the planned data in asset explorer turned as posted data.

Cheers!