Forget to run depreciation in last year

[Former Member]

Hi all,

We forget to run depreciation for Dec 2008 after the GR was reversed that month. We want to post the depr. in this month (Jul 2009). If it must be posted in 2008, what adjustment we can do?

[http://www.markpeak.com/temp/asset1.jpg]

Thanks your help.

[Former Member]

According to the FI-AA guide...

"You can also choose an unplanned depreciation posting run using an indicator in the initial screen of the depreciation posting program. When you set this indicator, you can skip over several periods, and post the total depreciation for all of the skipped periods in one period."

[Former Member]

Hi Will,

I did what you said , but the test run showed that the amount TBP was same as the amount if i choose "planned posting run".

It doesn't include the skipped period Dec 2008.

Do you have suggestion?

Thanks for your help.

[http://www.markpeak.com/temp/asset2.jpg]

[http://www.markpeak.com/temp/asset3.jpg]

[Former Member]

Are you sure that when the Goods Receipt (GR) was reversed that the corresponding entries weren't generated (automatically) to affect Asset Managemet.

Double check the asset values of the asset in question using AS03. See if the posted values contain an adjustment for the GR reversal. I was trying to duplicate in our test system to see if after the GR is reversed, the system performed the adjusting entries automatically.

The system does not allow us to completely skip periods and be able to move forward.

[Former Member]

Hi Will,

I found that user made the GR reverse in Jan 2009 but posted to Dec 2008. The user forget to make "repeat run" for the adjustment.

We have then GR in Feb 2009 . System allowed user to have planned depreciation, but it doesn't include the skipped period.

[http://www.markpeak.com/temp/asset4.jpg]

[Former Member]

I looked at the posted values....

" ...user made the GR reverse in Jan 2009 but posted to Dec 2008. The user forget to make "repeat run" for the adjustment.

We have then GR in Feb 2009 . System allowed user to have planned depreciation, but it doesn't include the skipped period."

I see that depreciation began in period 2 which is Feb 09 (when the goods receipt was entered). This is correct.

The GR reversal posted to Dec08 which was entered in Jan 09 is correctly not affecting the posted depreciation. There should not be any depreciation until Feb 2009 when the valid GR was posted. Looking at the posted figures, no adjustment is needed for Dec or Jan. I see no skipped period.

The total posted depreciation (122.60) equals the amounts posted from period 2 through 6 of 2009. There were no entries in Dec 08 or Jan 09 which need adjustment.

Let me know if I am still not understanding something.

[Former Member]

Hi Will,

We want to adjust this in Jul 2009. If I ignore it , system won't allow me to close the fiscal year.

Thanks.

[Former Member]

Hi Will,

My case is exactly same as the case described in note 619969 .

"If the balance sheet is already testified from the auditor, it is not

allowed to change anything in fixed assets for the already closed

fiscal year anymore. Otherwise you would generate differences."

Do you have any idea ?

[http://www.markpeak.com/temp/asset1.jpg]