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author's profile photo Former Member
Former Member

Post Capitalization error

Hi Gurus,

When the asset is created with post -capitalization is flagged with a capitalized date of 01/01/2007 ... and using transaction ABNA with historical depreciation flagged and ttype 400 .. an asset is cpaitalized on 09/01/2009 ....

The entry is calculating the Depreciation only upto the end of the previous year 12/31/2008 .

Is there a chance where we APC and depreciation value are calculated upto 8/31/2009 when the asset is capitalized on 09/01/2009 ....

If NBV is 300 and asset life is 3 years(36 months)....using Ttype 400 and transaction ABNA

system calculting .... APC account : 300 Dr

Accc depr : 200 Cr (Depreciation upto end of year 12/31 for 24 months out of 36 months)

Offset entry: 100 Cr

But Instead we want it this way .. if the asset is capitalized on 09/01/2009

Apc : 300 Dr

Acc Dep: 266.66 Cr (Depreciationupto 8/31 for 32 months out of 36 months )

offset : 20 cr

How can we achieve that... Any help is much appreciated

Thanks,

GB

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    author's profile photo Former Member
    Former Member
    Posted on Sep 23, 2009 at 05:01 AM

    Hi,

    According to me, Post Capitalisation entry will calculates depreciation until the last closed Fy end date only. It will calculates the depreciation for the current year during your next dep update run.

    Please check asset explorer for planned values for that asset against curr year. (Hope you have already posted the Post Cap)

    Thanks,

    Srinu

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  • author's profile photo Former Member
    Former Member
    Posted on Oct 06, 2009 at 08:03 PM

    Got the answer. Used a different Dep key

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