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Former Member
Nov 03, 2009 at 03:29 PM

Change useful life of existing asset - already posted depreciation

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Hi!

My customer wants to change useful life from 5 to 3 years on a specified asset class.

When trying to make this change an error message occur saying that

"You have initiated a recalculation of asset values for fiscal year 2008. However, fiscal year 2008 is still open is Asset Accounting, but not in Financial Accounting.

Due to this inconsistency between the General Ledger and the the subsidiary ledger, processing is terminated.

Close fiscal year 2008 in Asset Accounting as well"

Is it impossible to do this change?.

Or is the problem solved only by close fiscal year 2008 in asset account ing as well? I donät want the system to recalculate depreciation for closed periods, only to make larger depreciation for the future periods so that the assets are fully depreciated after 3 years.

Many thanks in advance!