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Former Member
Jul 22, 2009 at 03:18 AM

Legacy Assets Transfer during the fiscal year

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Dear Gurus,

We are using fiscal year variant V9 (Oct - Sep) and planning to take over the assets on 1st Aug 2009, which means depreciation in the previous system completed till July for FY 2009. For this i have made the settings in transactions "Specify Transfer Date/Last Closed Fiscal Year" (01/08/2009) & "Specify Last Period Posted in Prv.System (Transf.During FY)" (2009 - 10) under SPRO --> FA (New) --> AA --> Asset Data Transfer --> Parameters for Data Transfer --> Date Specifications.

And Year end closing was set to 2008. After doing all this config setting i tried posting asset in AS91 with useful life of 6 years (capitalisation date 01/10/2006), but the system is not calculating the depreciation as expected.

Asset Capitalisation date: 01/10/2006

Ordinary depreciation start date: 01/08/2009

Dep. Key use: Depreciation based on useful life of the asset --> 5% we are keeing as scrap value rest of 95% will be depreciated during the useful life of the asset

Useful life of the asset: 6 Yrs

Expired useful life updated as 2 years 10 months

Hence i have updated the transfer values as Acquistion value 10000; Accumulated dep. till 31/07/2009 as 4486.11.

When i go to asset explorer Posted values is showing correctly and the depreciation is charging for Aug and Sep only as expected. Whereas in comparisons tab depreciation is showing as follows:

< 2009 - 4486.11

2009 - 263.89 -- for the remaining two months CORRECT

2010 - 1583.33 -- depreciating correctly as expected

2011 - 1583.33 -- depreciating correctly as expected

2012 - 263.89 -- depreciating only for 2 months instead of 12 months (NOT CORRECT)

Can any one please guide me when the system is calculating only for 2 months in the year 2012?

I tried tried updating the acquisition values as 10000, Accumulated dep. 3166.67 till 2008 and the current year depreciation 1319.44 in ordinary depreciation, this also didn't work correctly.

Please let me know where i am going on wrong.

Thanks

Kiran Yelamarthy

Edited by: Kiran Kumar NVL Yelamarthy on Jul 22, 2009 5:23 AM