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Catch-up depreciation for the Subsequent Acquisitions in later years

Dear expert,

We have the following scenario:

First an asset master record is created and it receives an acquistion value at the date 2013-08-09.

The next year, we find there's something wrong with the acquistion value, so we make the subsequent acquisition at the date 2014-04-05. Refer to my country's Accounting Standard the sebsequent acquisition need a catch-up depreciation to be calculated based on the ordinary depreciation start date on the asset master data.

As the asset value date of the sebsequent acquistion must be the same year with the posting date and the configuration of the Period Control Methods can not meet the requirement.

Is there any configuration or enhancement can meet the requirement.

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1 Answer

  • Best Answer
    Posted on May 09, 2014 at 10:16 AM

    Hi Zhuo

    If you want to increase the asset value i.e. the Value posted earlier was less

    Go to ABNAN, Choose Value Date = 2013-08-09 and Doc Date / Posting Date = Date of Current year

    CHoose T Type = 401, and you can also enter a Off-Setting GL of your choice

    This will catch up the Depreciation from last year 08/2013 to 12/2013 .

    After ABNAN, when you do AFAB, the depreciation for Jan-2014 to May 2014 will be catched up

    If you want to reduce the asset value,

    Do ABGF

    Br. Ajay M

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