on 08-14-2015 5:32 AM
hi friends
i am thinking to create a asset master record
after assign all the required fields . before save it is through error E003 SYST: Period 000 is not valid in financial year variant
Hello Ravi,
As per the error you getting while creating the asset master data:- Generally period control will determine the depreciation start date. For 02, it is Pro rata upto mid-period at period start date.
This is means for asset value date after mid month (i.e. before 15 of each month), depreciation will be start from next month.
As an example,
asset value date from 01.08.2015 to 15.08.2015 -> Depreciation start date is 01.08.2015
asset value date from 16.08.2015 to 31.08.2015 -> Depreciaiton start date is 01.09.2015
Also :-
Please, check period control of your depreciation key (AFAMA). Then, via OA84 check if this period control works with period 000.
Hope this post fulfil your query.
Regards,
BK.
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Hi Ravi,
Generate period control for the fiscal year variant in OA84.
Regards,
Mukthar
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