Depreciation is not deducting for two periods in 2015

[Former Member]

Hi,

I have one scenario, can any one answer please.

we have one asset with Acq. val  Rs. 17435, acquired in 2010, with 25% depreciation for 4 years Usefull life. Using Straight Line Method. Fiscal year is April-march.

we changed depreciation percentage to 20% in May 2014 and useful life increased to 5 years. The difference percentage(25-20%)5% posted as Unplanned Depreciation Rs. 3015.92.

and again we have changed Depreciation percentage to 15% in Feb 2015 and useful life increased to 6.7 years. The difference percentage(20-15%)5% posted as Unplanned Depreciation Rs. 3123.77. and the unplanned depreciation was reversed and added to Net Book Value. Now the net book value is Rs.6139.69. Now the problem is System is not calculating the ordinary depreciation as per the plan for the period feb and march 2015. But which is calculating depreciation  as per the plan for the period April(period 1) with 15% on Acq val. i.e. 17435*15/100=2615.25 per year and 217.94 per period. Now i want to post depreciation for Feb and March 2015.

Can any body please suggest me what to do now.

[former_member198650 · Accepted solution]

Hi Srinivas,

After you change the dep.rate the system will automatically adjust the depreciation in the following period. No need to post unplanned depreciation. So in your case system will recalculate the depreciation with the dep.rate 15% on acquisition value and adjust the depreciation in the next period.

Regards,

Mukthar

[Former Member · Accepted solution]

Hi Ali,

But as per my client requirement we did like that, but depreciation is not calculating  for Feb and March. What Would be the reason and now what we need to do for that? can you suggest any other options.

[former_member198650 · Accepted solution]

Hi Srinivasa,

The excess depreciation will be adjusted in the following periods, due to this it is not calculating depreciation. If you want to post depreciation on these period, then post unplanned depreciation by ABAA.

Regards,

Mukthar

[Former Member]

            hi srinivas

       you can change period control method  which date need to calculate depreciation AFAMP

        Regards

       naveen

[João_FI_FIN-CS]

Hi,

Are using some report to see these assets?

JPA

[former_member188063]

Hi Srinivas,

Try making changes in transaction- AFAMP it should suffice your requirement.

Regards,

Sudhakar*

[Former Member]

Hi sudhakar

in AFAMP which pre condition we can use for that. can u tell me that.