cancel
Showing results for 
Search instead for 
Did you mean: 

Depreciation for the Financial Year 2007-08

Former Member
0 Kudos

Dear All,

How to run the Depreciation for the Financial Year 2007-08, without disturbing the Depreciation of Financial Year 2006-07.

kindlly send me details desprications

Regards

Pritpal

Accepted Solutions (0)

Answers (2)

Answers (2)

Former Member
0 Kudos

Posting Depreciation is a periodic activity. Depreciation is posted every priod by AFAB by aseet accountants. However it is not necessory that you need to run AFAB when you are in the current period. You can run it any time; subjected your financial accounting is open for that period. In your case you need to run AFAB for every priod from 2006 to 2007. After each year is completed, you may need to run ASKBN for APC periodic posting and cose that FY in Asset account by AJAB open new FY by AJRW (Eg. 2008).

Former Member
0 Kudos

Hi

You could post the depreciation for 2007 using AJAB. However, pls check if you have posted the values for 2006

regards

Sanil Bhandari