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Jun 25, 2020 at 08:55 PM

Fixed assets with negative net book value in SAP Business ByDesign

1709 Views Last edit Jun 26, 2020 at 03:49 AM 2 rev

Hi Team,

I hope you are well.

I am writing regards to some old fixed assets which have the Acquisition value as Zero. The issue is that they have negative amount of NBV. The reason why they are with negative amount of NBV is that fixed assets were acquired one year before their disposal (for example they were acquired in Oct'18 but were written off in Feb'19 and they have accumulated depreciation for 2 months (Oct'18 and Dec'18) which is not cleared). As far as I know we could change all assets with No automatic depreciation and than we could run Depreciation for the year which we have posted depreciation and that accumulated depreciation with be written off.

My questions are:

Is that a proper way to clear that old accumulated depreciation?

Could we run depreciation for 2017, 2018 and 2019 without causing any issues?

If there is any other way to clear that negative NBV, please assist me?

Thank you in advance.