on 08-12-2014 9:23 AM
hi all
we have an issue with asset accounting,the user is transferring the asset through ABUMN
After transferring the asset values through ABUMN it is not considering the net book value as of today for depreciation calculation
instead it is considering the value at the start of the year 2014 and calculating the depreciation.
what we want is the asset transfer should take the depreciated value the net figure as of today's date.
please share some views on this issue.
kind regards
Aman
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Hi,
According to me in case of ABUMN, the Asset original cost as well as the Accumulated depreciation so far posted on that asset gets transferred to the new Asset. Now can you check in your system till hwta period the depreciation is posted in the system. It may be possible thta for FY 2014 no depreciation is posted so far in the system. Also if possible kindly share the screenshots for your issue.
Regards,
Malhar.
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Hi Arman,
At the time of transferring the asset the system should credit acquisition cost and debit the accumulated depreciation cost. The acc.dep. will depend on value date you mentioned in ABUMN and your depreciation key setting. If you deduct the acc.dep. from APC cost, it will be your NBV.
Please check once again. If not resolved, provide a screen shot of AW01N with dep.key settings.
Regards,
Mukthar
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