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On Asset complete scrapping, the Statutory Depreciation areas shows depreciation calculated

Dec 08, 2017 at 05:57 PM

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Former Member

Dear All,

The chart of depreciation has four depreciation areas, like 01,02,03 (stat) & 04 (stat). And 01 is the Book depreciation area and other three areas do not post any values.

On asset complete retirement in the year, then 01 area updates depreciation till date of retirement but statutory areas 03 & 04 still reflects depreciation which is viewed in depreciation simulation.

Example: FY Jan to Dec

Asset A acquired in Jan 2016 with UL to 5 Years and value of 50000.

In 02.2017, asset is completely retired and system stops calculating depreciation from 02.2017. The same is checked in depreciation simulation but when report is checked for Stat depreciation area (Not to post in GL) the value of depreciation is spread till year end.

Could you please assist in detailing the behavior of it? As i dont see any configure issue as such.

Thank you.

Jay

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1 Answer

Bernhard Kirchner
Dec 20, 2017 at 11:23 AM
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Hi Jay,

I might ask you to check the period control.

best regards

Bernhard

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