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Former Member

POSTING OF DIFFERENTIAL DEPRECIATION

Hi Friends,

In the mid of fiscal year 2007, there was a change in the policy for calculation of depreciation, wherein, the depreciation would be calculated on a pro rata basis from the asset acquisition date.

The earlier policy(before change) was, the depreciation start date by default would be April 1st. i.e., for example if there are 2 assets bought on 2 different dates like 12.12.2007 and another asset on 31.03.2007, by default the depreciation start date would be on 01.04.2007.

The issue that I'm facing right now is, the assets that were purchased from the mid of 2007, are calculated on pro rata from the date of purchase, wherein it is now decided that for all such assets the depreciation start has to be made 01.04.2007.

The depreciation posted for all periods of 2007(1-12), now for all such assets when I'm trying to change the depreciation start date, the change of depreciation (additional amount that needs to be posted), is showing up in the planned values in asset values of AS02/AW01N, however when I'm trying to run the same in AFAB by selecting Restart option, it is successful, when I remove Test run, the system pops a message to repeat, however it is not allowing.

I'm even trying to recalculate using AFAR, even that is not working for me.

NOTE: Fiscal Year 2007 is not closed

Can anybody suggest me on this, please.

Regards,

Sandhya

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    author's profile photo Former Member
    Former Member
    Posted on May 29, 2008 at 12:19 PM

    Hello Sandhya,

    this seems a little strange.

    In my opinion you should start the report with the "restart" option. Try the repeat function with period 12/2007.

    The restart option is only recommendable when a depreciation run was terminated and not completed. But you didn't mention this.

    Best regards

    Horst

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    • Former Member

      Hi Horst,

      Thnx for replying. Yes, what ever you have told about Restart option was absolutely right. The run was terminated, because of some technical problem and the whole issue is got solved now.

      We have a client copy done (of production client), and now I've just checked the option I had stated and the problem is solved.

      Regards

      Sandhya.

  • author's profile photo Former Member
    Former Member
    Posted on May 29, 2008 at 12:26 PM

    Hi

    Please try to run AFAB through Repeat run option. First do the Test run before doing Production run so as to check the values. Run the Repeat run for period last posted i.e. If you have ran depreciation upto period 4 of FY 2008, then now do the repeat run for period 3 of FY 2008.

    Hope this will solve your problem.

    Assign points if it is useful.

    Regards

    Karun

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    • Former Member

      Hi Karun,

      Thnx for replying. Owing to some technical reasons, I was facing the aforementioned issue. Then, we had a client copy slated from production client and now I'm able to get the desired results.

      Thnx for your time.

      Regards

      Sandhya.

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