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Former Member
Jan 11, 2011 at 01:06 PM

Incorrect Ord. Depreciation on Asset revaluation - ECC6.0

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Hi there,

I am currently facing problems in asset Revaluation.

Created an asset from AS01, posted acquisition f-90 on 01/01/2010 with amount 10,000 , TTYPE:100 (External Asset Acquisition), Dep Calculation is based on percentage which is 15%, which would be 1500 yearly (1500/12 = 125 monthly).System is calculating it accordingly with no errors.

In Period 6 , I am posting a revaluation via transaction ABAW (Balance sheet Revaluation) for amount 2,000. After posting, when I check in asset explorer for this particular asset , system displays the correct APC amount including the revaluation (which is 10000+2000 =12000).

However, when I look at depreciation figures in 'Posted Value' Tab month wise, it is showing correct depreciation amounts up till period 5 (before revaluation) i.e 125 for each period. But in period 6, it displays "'275" (which is 125 + 15% of 2000 for up to 6 months i.e. from acquisition period to revaluation period, rather than for 6th period only) and from Period 7 it shows the right figure which is 150 = (125 + 25(15% x 2000/12)). Technically what system supposed to be doing is applying the change in depreciation from period 6 onward which would be (150).

My client wants the depreciation for revalued amount from the month the asset is revalued and not from the original acquisition period.

Please help

Regards,

Farhan

Edited by: Farhan Sufi on Jan 11, 2011 2:07 PM