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author's profile photo Former Member
Former Member

Depreciation Calculation error

Hi All,

I tried creating an asset today (26th Dec) with a dep.key containing period control 03 (pro-rata from mid-period).

However, the system gives me an error message saying:

10 Federal Tax MACRS

E613 SYST: You cannot determine the period for rule 03 to 12-26-07

What does this mean? I noticed if I give the date as 23rdDec or earlier (23rd dec is mid of 24th period for this yr) it allows me to post.

Please help me understand this error.

Thanks & Regards,

Tejas

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    author's profile photo Former Member
    Former Member
    Posted on Dec 26, 2007 at 11:12 PM

    Also check the OAVH screen and ensure that there are entries for the current year (read the help text to understand more on this configuration - its too lengthy to explain here). If not, generate the period controls through transaction OA84. If calendar dependent years (different period start/end dates for each fiscal year) are used, this error could come due to incomplete generation of period controls. Hope this helps.

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 26, 2007 at 08:25 PM

    hi there,

    its probably because the date you are giving is i.e 12/26/2007 and because its a mid period calculation, based on the yr defined for that compcode after the first 15 days it calculating as next months which is 01/01/2008 ie going into next yr which is not open.

    hope it helps..if it is then please assign points

    regards

    Jay

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