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author's profile photo Former Member
Former Member

Write up

Hi ,

Anybody has any idea how to decrease the accumulated depreciation at the end of a year.

It should work with a write up but, it when posting write up it is calculating ordinary depreciatio for this movement as well.

Thank you in advance for any helpful ideas.

Miroslav

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 28, 2008 at 12:39 PM

    Hi

    How can you reduce the accumulated depreciation without any corresponding offsetting entry?. i.e. you need to take the offsetting entry to the Revenue account, which should be the "Depreciation account. Is it not?.

    S Jayaram

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    • Former Member Former Member

      One last suggestion. You can verify that the deprecation adjustment is showing in the write-up column of your Asset History Sheet report, instead of the ordinary depreciation column. To do this, use transaction AO78 to verify the Asset History Sheet Group for you write-up transaction types (should be 70). Then, use transaction OA79, to verify this Asset History Sheet Group is showing up in the write-up column (50 in version 0001) of the report.

      That's all i can think of. Sorry i could not provide more of an assistance with your issue.

      Thanks,

      Chad

  • author's profile photo Former Member
    Former Member
    Posted on Jan 25, 2008 at 10:05 PM

    Miroslav,

    Usually the offsetting account to a write-up of accumulated depreciation is the depreciation expense or ordinary depreciation account. If this is not the case, then a change needs to be made in Asset Accounting configuration. Use transaction AO90. Enter your chart of depreciation. Select the chart of accounts and the depreciation folder for each applicable account determinate. Change the "Revenue account for write-up on ordinary depreciation" field to the account for which the offset to a write-up of accumulated deprecation should be.

    Hope this helps.

    Thanks,

    Chad

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