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author's profile photo Former Member
Former Member

Changing of Depreciation Key

Hi,

For one of the asset they would like to change the depreciation key from 10%SLM to 100%.

As part of this process user changed the depreciation key and bymistakely changed the ordinary depreciation start date in asset master depreciation tab.

Now, i will give you the history of asset. One asset has been purchased in 01.10.2006 and started depreciation from 10/2006. He continued this process till April 2008. In the month of May, he changed the dep key from 10% to 100%(value becomes zero) and bymistakely changed the ordinary depreciation start date in asset master depreciation tab. Then he completed the dep run for May 2008 also.

Now, we realised that, because of change of ord.dep start date, system it was reversed the depreciation created in 2007.

Ex:

value of the asset 10000

Depreciation in2006 300 (oct to dec)

Net book value 9700

Depreciation in 2007 1200

Net book value 8500

Depreciaiton in 2008 400(jan to April)

Net book value apr 08 8100

Change of dep key 10% to 100% in may 2008

Depreciation for may 2008

If we change the dep key system should post full deprecation to the exten of 8100(net book value on april 2008).

But system posted the deprecation of an amount (8100+1200(dep for 2007) total of 9300.

In t.code:AW01N, for the same asset if we see the postings in 2007, we can see that a new line item has been created in 12th period with yellow colour(it means planned) with total depreciation of an amount 1200 in the year 2007

Because of this reason, now the user finding a difference between gl account balance and asset register.

Can anyone help me out how to resolve this issue?

Thanks in advance

Prasad

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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Jun 20, 2008 at 06:05 AM

    Hi,

    Any suggestions about this issue?

    prasad

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 23, 2008 at 03:02 PM

    Hi,

    First, change your depn key back to 10% and the depn. start to what it was originally and run AFAR to recalculate depreciation. This should remove the planned depn. for 2007. Now, close 2007 for this co.code and then change the key to 100% and run the AFAR once again. This should plan the complete depn. in 2008. Now run AFAB.

    Thanks

    Jagdish

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