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Former Member
Jul 06, 2010 at 10:10 AM

Excess depreciation posted


Dear all,

We capitalised one asset on 01 jan 2010

By mistake we have given ordinary dep start date as 01 july 2009.

When we executed AFAB for Jan 2010 system cumulative value (from july to jan ending ) in that month which is wrong.It should post only for the month of Jan 2010.

What steps should be executed to correct the above scenario?

Kindly suggest me.

Can we reverse dep posted and post again with correct amount?

Thanks in advance