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Change to cost center in time dependent data. Can I rerun depreciation YTD?

I need to change the cost center in October (Period 10) Period 9 and prior are already closed. I thought that since I put the Interval for the new cost center as 1/1/11 that it might do and adjustment in October reversing the depreciation posted for the old cost center and put the YTD depreciation in the new cost center, but it did not. it only posted the current month depreciation to the new cost center. Is there any way to do this? Thank you very much.

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  • Best Answer
    Posted on Nov 05, 2011 at 03:49 AM

    Hi:

    You can do repeat run..Post an Unplanned dep using ABAA to the asset ..Use AFAB to in repeat run to post the depreciation. This will resolve the issue and post the depreciation to the new asset ..Make sure you add new Cost center with a proper validity date...I hope it will help you...

    Regards

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    • Former Member Atif Farooq

      Thank you for your answer. i have tested the transaction. It works partially. The depreciation for the prior months will get posted to the new cost center, but it did not reverse the depreciation posted in the old cost center. The asset is now overdepreciated. When I do the repeat run, nothing happens. I can not go back to the previous month, since that month is closed. Perhaps I did not understand your instructions?

      I may try to reverse the depreciation in the asset first, before I change the cost center. Then, if I change the cost center and do another manual depreciation to post the depreciation from the previous months, it should balance out. I do not know if there is a transaction type that will let me reverse the depreciation. Thanks for your help.

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