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Former Member

Depreciation Key change

Hi

  • Emergency request***********

Recently I had a requirement for change of depreciation key in the asset classes in depreciation areas 01- book depreciation to calculate straight line depreciation as the old depreciation key was not doing as requested. This was asked to configure for new assets. But, Now when the depreciation key is updated for all the assets and the depreciation is calculated very high and the deprecation is posted for that period.

I know there is no way we can reverse the depreciation values posted for this what I have done is I updated the old depreciation key in asset classes and done the AFAB repeat depreciation run for the period for which values are posted but still this not updating.

Can any one help me how to over come this issue...

Thanks

Srinath

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3 Answers

  • Best Answer
    Posted on Dec 28, 2011 at 11:27 PM

    Hi Srinath,

    If you enter the depreciation key "0000" in a asset and make a depreciation repeat run, the depreciation will be reversed.

    If I understood you correctly, you changed the settings of a depreciation key. This changing had a impact to a lot of asset, but you wanted to change only one or a few asset - right?

    In this case you can change this depreciation key in the same way to be similar to "0000" make a repeat run to reverse all depreciation and after that change the depreciation key back to the original settings and make a repeat run again. Then you have the original situation.

    Please clarify if I didn't understand your question.

    rereads Bernhard

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 29, 2011 at 08:43 PM

    Hi Bernhard,

    Let me explain you once again,

    recently the request for change of depreciation key so, what I have done is created a new depreciation key and assigned depreciation key in asset class.

    Old depreciation key: ABCD

    New depreciation Key is : XYZ1

    I changed with new depreciation key in Asset class but this is not updated in the assets but the values have changed for all the assets for that asset class.

    so, even when I put back the old depreciation key in the asset class and update this is not bringing any difference in the asset and when I re run the depreciation in AFAB this is not making any changes.

    Thanks

    Srinath

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    • Former Member Srinivasa Maruvada

      Srinivas,

      Depreciation run for this month is already posted, when I change back to old depreciation key and run AFAB this not doing any changes but when I run AFAR re-calculation of depreciation this is working.

      But, I am still testing!!

      Can you tell me why when we put back the depreciation key in Asset class and run AFAB this is not working?

      @murali: I am not expecting to do any mass changes at this moment.

      Thanks

      Srinath

      Edited by: srinath chanda on Dec 30, 2011 2:12 PM

  • author's profile photo Former Member
    Former Member
    Posted on Dec 30, 2011 at 03:00 PM

    The issue resolved myself.

    I put back the depreciation key in the asset class and I run AFAR this has updated the planned values in the asset and when I run AFAB repeat run, this has updated the values of depreciation for the last month which have been posted.

    Thanks very much for people who responded for this.

    Srinath

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