Legacy Asset Depreciation Issue..

[shinas_rh]

Hi,

Legacy Asset transfer date is 31.03.2014.

last Posted period is 03, 2014.

Fiscal year is Jan to December.

But system calculate depreciation for Jan, march and April Cumulative and posting in April.

Our requirement is Depreciation from April 2014 onwards, Not for the Jan,feb and March.

Someone can help on this issue,

Thanks in advance

[MarkusBredel]

Hi,

the system will always calculate the depreciation for the complete fiscal year, also in mid-year legacy data takeover scenarios. You can specify the amount which has been posted in the legacy system, which is to avoid having this expense posted again.

Example: planned annual depreciation is 1.200, posted in the legacy system 300. Then the FI-AA depreciation run would only post the remaining 900 in the current fiscal year, but it would have no impact on the planned depreciation.

In how would you require the planned depreciation amount for the year to be only calculated from periods 4 through 12? How should the FI-AA reports manage to show the complete annual depreciation in your financial statements if only depreciation from 4-12 would be calculated?

Regards,

Markus

[former_member205041]

Hi,

You make a legacy data transfer during the year.

In this case please check the following settings:

1) In OAYC you have to specify the period in which the depr. is already posted.                                                                
                                                                       
2) In AS91 you have entered the following fields:                         
- Cum.acquis.val.                                                      
- Accm.ord.deprec ;                                                    
- Net book value                                                       
                                                                       
3) In AS91 you enter cum. values. Cum values are generally from a closed  
fiscal year. You have to press the button transactions and enter here  
the transactions.                                                      
                                                                                                                                               
4) The depr. which is already posted you have to enter at "posted         
depreciation".

If you make a legacy data transfer during the year and
you don't enter "posted depreciation", the system means that in the    
previous system there is no depreciation posted. As a result the system
calculates this depreciation.

Best regards Bernhard