Hi
We got a problem for an asset whoseful life is expired in Nov 2012.The entire depreciation posted from Jan 2012 to Oct 2012 got reversed or posted wih "-"ve sign in Nov 2012. The depreiation amut from Jan 2012 to Nov 2012 updated as planned dep in Dec which is wrong
Useful life: 6 years
APC: 5,173,234.09
Monthly depreciation 71,850.47-
Actual dep start date - 1.12.2006
As of December 31, 2011, the netbook value of the asset was 788,970.18 THB
Also as of December 31, 2011, remaining useful life should be 11 Months i.e nov 2012.
788,970.18
NBV as of December 2011
January
(71,850.47)
Depreciaition
February
(71,850.48)
Depreciaition
March
(71,850.47)
Depreciaition
April
(71,850.47)
Depreciaition
May
(71,850.48)
Depreciaition
June
(71,850.47)
Depreciaition
July
(71,850.47)
Depreciaition
August
(71,850.48)
Depreciaition
September
(71,850.47)
Depreciaition
October
(71,850.47)
Depreciaition
70,465.45
NBV as of October 2012
November
718,504.73
All Depreciation postings (January - October) was reversed
December
(788,970.18)
Booking the entrie amount 2012 YTD
(70,465.45)
Difference between Nov and Dec 2012 (offsetting the value as of October
NBV As of December 2012
We are using base method as "percentage from useful life" , period conrol is "period start" , multievel metod with base value "replacemen Value" but no cut of value key is assigned for dep key.
Please help us to understand why dep got reversed in Nov 2012?