How to change depreciation to the new fiscal year period?

[Former Member]

Hi,

The fixed asset depreciation cycle appears to be working off a 5-4-4 schedule. However the fiscal calendar in 2010 was changed to a 4-4-5 calendar. The effect is that depreciation has been overstated in January, and will continue to be overstated until the end of period three.

How can we change the depreciation to the new fiscal year period of 4-4-5?

[Former Member · Accepted solution]

Change the asset calandar to, but the past you can't change. When you follow the same calander in FI and AM you should not create an own calandar to asset accounting.

Don't forget to to change you period controle rules or you have problems there to

[Former Member · Accepted solution]

Hi Paul,

Our company is in the process of converting from calendar to 4 4 5 periods. Do you have any tips on what objects to configure/ change, impact on the depreciation, asset conversions to the new depreciation schedule, etc.?

Thanks in advance,

Peter