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author's profile photo Former Member
Former Member

Reversing depreication

Hi all,

I did AFAB (dep run) for 01, 2007 for an asset. Now when I am doing dep for the Jan month for a diff asset, it says dep already posted.

How can i reverse the dep I posted?

I entred the dep doc in FB08 and it says that reverse not possibe in Financial accounting.

AB08 also didnt work.

I would like to reverse the dep for the asset i did and run the dep for the new asset I created for Jan, 2007.

Thanks,

JR

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3 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Jan 08, 2007 at 04:49 AM

    Hi,

    I dont think depreciation can be reversed once done. You can reset using OAGL.

    You can always do a repeat run for a single asset or multiple assets. You can make changes to the Asset/Assets in period you had run depreciation and then re run depreciation a repeat run. The system makes adjustments accordingly.

    Please also refer to a thread posted last week on similar issue (Posted: Jan 6, 2007 3:20 AM by misbah moniuddin)

    Rgds.

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 08, 2007 at 04:56 AM

    You can reset using OAGL.

    also please visit the following link

    depreciation-reverse

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  • Posted on Jan 08, 2007 at 06:47 AM

    hi,

    try to use afab with option "repeat run" and exclude already posted asset(s)

    A.

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