Zero value Depreciation

[Former Member]

Hi

Can we post the Zero value depreciation also. Since i have assiged '0000' depreciation key to some of assets. Those assets are prediacttly calucullated the Zero value depreciation. After one year i have change the depreciation rate from 0000 (O%) to C400 (5%) . This i want to run the depreciation. But was not allowing to run the depreciation . Becuase of last year i does not posted any any depreciation. Even assets value also i should be posted in the assets. Then only i can run the depreciation for the year.

Please suggest me how can i post the Zero value depreciation for the last year.

Thx

Ram

[Former Member]

Hi,

For AUC assets you cannot run the depreciation, i amy be wrong.

after changing Dep key in AFAB select Recaluclate and execute. then dep will calculated from starting year because with out posting dep in last year system will not allow you to post in current year.

Thanks

Pola

[Former Member]

Hi

If i understood correctly - your requirement is You purchased an asset in last year and assigned dep.key '0000'. Now, you want to change the dep.key from the current year. if you want to calculate the dep from current year then give the date (01/01/2008) in ordinary dep start date.

VVR

[Former Member]

Hi

Last year some of assets are acquired on different days with Zero rate depreciation rate. Now i have changed the depreciation rate from 0 to 5% on this year at 01/06/08. When i going to execture the depreciation run at 30/06/08 it was not allowing . Since i have not posted the last year-2007 depreciation. Even last year also Zero value depreciation has been calculated periodically. So i want to post last depreciation for the year-2007. Then only i have to post the depreciation for this year

Thx

ram

[srinivasavepa]

What is the error message when you run the depreciation?

[Former Member]

Hi

I have capitalized the assets on the previous year - 2007 in to one of CCN. All asset belongs to AUC assets only. Also all the AUC assets having the 0% rate of depreciation. The 0% deprecation was calculated in the planned deprecation to every AUC assets for the year-2007.

Now i have posted the some of assets in current year-2008 . All the assets having the different type depreciation keys with different rate of depreciation rates (Ex 5%,6%), now i am trying to post the depreciation on current year-2008. But the system was not allowing to post the depreciation . Since previous year depreciation not yet posted on the AUC assets completely. Even all the AUC assets having the 0% percentage rate of depreciation only.

So How can i posted the 0% depreciation on the AUC assets for Last year -2007 ?

Only then i can run the depreciation for this current year !

thx

ram

[Former Member]

Hi Ram,

I will suggest you to make new asset account and transfer all the balance in to that new asset account and put new depreciation key.

Thanks

Vikas

[Former Member]

Hi Vikas

Thanks for your helpping !!!!

But my client was not ready to transfer the asset balance from old assets to new assets.

As far as they requirement is to run the depreciation for this year-2008. But system was not allowing to run the depreciation. Since the not yet posted the depreciation for the last year-2007 into all AUC assets.

One i have been completed the depreciation for the previous year-2007. Only then i have to run the depreciation for the current year-2008 with the new capitalized assets having the different type of depreciation amounts.

thx

ram