Hi,
If I change my deprec. terms in one particular asset for which depreciation is already posted in last month its not showing up in AFAR. It gives blank report. But if I run AFAB in recalculate mode for last period it shows up that particular asset with new deprec. amount.
I know that for Book Deprec. area 01 we can always re-run AFAB and it will work. But lets say if the Tax Depreciaion method was entered wrong in Asset master and 5 months down the road you come to know and you change the deprec. key which reflects the right method now... dont you need AFAR to recalculate ? or would the system catches up the deprec. amount for the rest of the month?
Please explain this scenario if possible with example. In which case do we need to use AFAR and after running AFAR do we need to run AFAB again?
Thanks for your help in advance.