Depreciation for AS91 Uploaded Asset

[former_member218048]

Hi

We uploaded assets using AS91 transaction.

Acquisition Value and Accumulated values were uploaded (01.06.2015)

Depreciation is straightline using useful life.

But when we see the planned depreciation for the current period, system has reduced the accumulated depreciation from the capital cost.

Uploaded values:

Acquisition cost 90000

Accum dep 3000 (one year) (01.06.2014 - 31.05.2014)

depreciation start in system 01.06.2015

The depreciation for each month should be 250 right ?

But system is reducing the accumulated depreciation from capitalization and calculating the future depreciation.

Because of this the future depreciation is showing different.

Why this is happening ?

[former_member198650]

Hi Nikki,

Check the last period posted in the OAYC. Here last posted depreciation should be as 31.05.2015.

Regards,

Mukthar

[Former Member]

Hi,

Can you please provide the screen shot of the AS91 Take over values and the depreciation key assigned to the Asset.

Regards,

Malhar.

[former_member205615]

Hi

Please check below points:

1, have you set useful life with 3 years in depreciation areas via AS02
2, Please change depreciation start date to 01.06.2014 in depreciation areas

If the depreciation terms was set as above, then the monthly depreciation shall be 250.

Regards
George