depreciation calculation for previous year

[Former Member]

hi

iam facing a problem that the depreciation for the particular asset class with particular assets has to be increased . for example

i purchased the asset in 2005. i depreciated the asset at the rate of 4.5%. now it has to be increased to 10% not only for this year , but also for the past 2 years with out getting effected to this previous year posting.

for some assets it has to be reduced.

ex asset purchased at 2005 . they charged dep at 15%. but it has to be charged only at 10 % for the past years and also the current year.

how can i do the following things.

it has to be done immediately pls help me out.

balaji.p.r.

[Former Member]

hi guys, this is good one

present they changed depreciation from 4.5% to 10%. a;eady they run depreciation for last 2 years. present they want to run depreciation for new dep rate?

check option 1

if u changed ordanary depreciation date to current year date it is wrong, y means the system calculate this year depreciation only is it correct?

check option 2

change depreciation key and assign to asset master record, and run deprecation in repeat run mode in afab, then it will calculated deprecation correctly. i think so it is correct?

regards

prasanthi

[Former Member]

Hi,

This is simple. First, you need to identify/create the key that has the desired %s built in it. Go the asset master data and change the depn. keys from the current ones to the desired. Run AFAR and you can see that the depreciation is recalculated. Now run AFAB to post them.

Note : Make sure, the previous years are closed before you run AFAR as otherwise it will post the numbers into previous years which you dont want.

Thanks

Jagdish

[Former Member]

Hi,

You need to change the useful life of the assets, since the Ord start date of depreciation would be fixed from the date the asset is put to use.

Once you change the useful life, you have to do AFAB with Repeat Run, which will recalculate the depreciation for the said assets.

Assign points, if useful

[Former Member]

Hi,

Go to respective assets master data depreciation screen and change the 'Ordinary Depreciation Change' date to the from date you want to calculate depreciation date and save.

Now repeat run for those assets only, it will calculated the depreciation from the date declared in asset master till today and post the current period.

Try once and assign points if useful.

Sarma BH