Wrong Asset Deprecation for Legacy Assets

[Former Member]

Hi All,

We have uploaded assets with transfer date 30.09.2014 so that the system will start deprecation from 01.10.2014, but the problem is that the system calculates the deprecation amount for Month 10 with the total Amount of the ten months of 2014(9 months + 1 October dep.). As shown below:

Month 10           9,380.645-

Month   11          938.064-

Month 12            938.064-

Thanks,

[former_member183078 · Accepted solution]

Hi Mazen,

Have you  updated the Depreciation for current year in ordinary depreciation posted field in AS91.

Regards,

Diwa

[Former Member · Accepted solution]

i have added the amount as you mentioned above for 9 months of 2014 in ord.dep.posted which is equal to (9*938.06=8442.57) is that the correct behavior from the system ?

[former_member183078 · Accepted solution]

Hi Mazen,

yes right and now run depreciation for the month of 10 and check it.

Regards,

Diwa

[former_member198650]

Hi Mazen,

Have you maintained last period in which depreciation was posted as 09.2014 in OAYC?

Regards,

Mukthar

[Former Member]

Yes as shown in the below figure

[former_member198650]

check depreciation start date for the assets.

[Former Member]

it is correct as the Acquisition date was in 6 so the deprecation will start in 7 as shown below