Hi All,
Actual deprecation has to be posted to
Accumulated Derpn Furniture A/c 50000
but it is posted to
Accumulated Dern Building A/c 50000
Due to wrong GL assignment in AO90.
Now I cannot do the manual transfer as they both are the reconciliation accounts.
I have tried to write up the Furniture Asset, but it gives and error that "Cannot post write-ups" for any transaction type.
Later I analyzed that we cannot post the writeup for the current year acquisition.
Asset is capitalized in 30.11.2007
I am trying to post the deprn for 31.3.08, so my document date is 31.3.2008 (If i give the doc date as 1.4.2008, it is accepting).
So when I write-up (ABZU), the above error is coming.
What should be the procedure to post the Depreciation to the right accounts again by cancelling/reversing the prior deprn posting.
Points are assured, pls help is required on urgency.
Reg.,
S Sq