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Former Member
Mar 23, 2010 at 08:42 PM

System Picks up wrong Asset valuation date


Our fiscal year is OCT- SEP. Asset Revaluation took place in FEB 2010.

To post revaluation, I use transaction ABAW and Transaction type 897 for the revaluation with Asset date FEB 2010. But when I run depreciation System posts new adjustment considering this revaluation occurred as in Oct 2009, First month of fiscal year. (Even I put Asset value date of FEB 2010 in ABAW)So I am getting error in new depreciation posting.

I donu2019t know why it is calculating revaluation based on Oct 2009 book value instead of Jan 2010.

I appreciate your valuable inputs.

Thank you.