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Fixed Asset - Depreciation Run How to Eliminate the Inactive Items

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Hello,

How the inactive fixed assets items will not be included on depreciation run?

Because even though the fixed assets items is set to inactive, its still compute for Planned Depreciation and Posted Depreciations which is supposed to be zero (0) because is already inactive.

Regards,

Rebelin Cabradilla

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Answers (1)

Answers (1)

KennedyT21
Active Contributor
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Hi Rebelin Cabradilla

Active Assets – Assets that have a depreciation start date and do not have a retirement date

For active assets, you have specified the following:

Item no.

Asset class

Depreciation area

Useful life

Remaining life

Depreciation type

Acquisition and production costs

Accumulated ordinary depreciation

Inactive Assets – Assets that have a retirement date and the net book value of which is zero

For inactive assets, you have specified the following:

Item no.

Asset class

Depreciation area