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May 25, 2016 at 08:18 AM

Write off current year depreciation

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Hi

We have a scenario where the depreciation posted for a current year acquired asset is to be reversed.

The issue is that although we can change the dep key to 0000 and repeat the depreciation run, the depreciation will be reversed, but in would be in the closed previous period.

But the previous periods cannot be opened and the posted depreciation value is to be reversed in the current open period

Please let me know if any suggestions

Regards,