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author's profile photo Former Member
Former Member

Fixed asset deactivation issue


Hello,

we deactivated a Fixed Asset in AS02 but the system is still calculating the depreciation.

Do you know the reason? Is there something else we need to set in order the system doesn't calculate the depreciation anymore?

Thank You

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3 Answers

  • Best Answer
    Posted on Jun 11, 2014 at 10:57 AM

    Hi Larissa

    1. If the asset should have never calculated any depreciation at all, assign the dep key to 0000..

    This will reverse entire depreciation posted in Current Year

    - To reverse the depreciation posted in previous year, use Asset Write up ABZU

    2. To stop prospective calculation of depreciation:

    a. Activate ASSET SHUTDOWN in Dep Key

    b. Activate the same in Asset Master (AS02).Screen layout must allow this field to OPTIONAL

    Br. Ajay M

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 11, 2014 at 10:50 AM

    Hi Larissa,

    You should be using shut down indicator in case you do not want system to post depreciation and not deactivation.

    System will populate the deactivation date in Asset Master, when the asset is retired and the Net Book value becomes Zero.

    Regards,

    Kavita


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  • author's profile photo Former Member
    Former Member
    Posted on Jun 12, 2014 at 02:09 PM

    thank you

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