Previous month depriciation to be posted to asset

[srinivas_rao69]

Dear Gurus,

I have one issue. one of the my user Posted Asset PO and GRN by using wrong currency.Asset was purchased 3 months back depriciation also running from past month now finance recieved the invoice and they found purchasing department wrongly entered currency instead of QAR entered AED.Now they are tring to reverse the GRN and will ammend the correct currency in PO current month.But  after amendament asset depriciation will be start from current month.But actually this asset purchased on 8th month.

we need to post he previous month depriciation also.Anybody can suggest how to reslove the issue.

Thanks for advacne help.

Regards,

Nivas.

[Former Member · Accepted solution]

Check the "Capitalized on" date of the asset.

Thanks

SKKS

[srinivas_rao69 · Accepted solution]

HI Sudhir,

Thanks for reply.

Capitaliztion date is 05/08/2013,depriciation is runing past 3 months.

Regards,

NIvas.

[narasimhulu_konnipati · Accepted solution]

Srinivas,

There are 2 ways.

1. Post Unplanned depreciation for remaining 2 months through ABAA

2. If you are reversing the MIRO and MIGO for this asset, then keep the depreciation key as 0000 in asset master for all the areas and run the depreciation in repeat run so that the posted depreciation in the past will get reversed. Then you can run the depreciation by keeping the correct key from the capitalization date.

You can test these

Thanks

[srinivas_rao69 · Accepted solution]

Hi All,

Thanks for reply.The issue is resolved.

We reversed the MIGO,when we reverse the MIGO asset depriciation will show the debit value which is posted eraly depriciation.But again we amended the PO with correct currency and reposted GRN again.New value depriciation will be showing this month.I posted unplaned depriciation difference of previous months and current month amount.Net book value will be tally with correct (New) currency.

Regards,

Srinivas.