Asset Sale - Depreciation run

[Former Member]

Hi All,

My client is selling one fixed asset on 20th of month. Now we run depreciation run at month end. My concern is that how to post depreciation on this asset upto date of sale so that we can post transaction in F-92.

Should be run AFAB transaction code only for this asset in middle of month.

Please advise.

Regards

Deepak

[Former Member · Accepted solution]

Hi All,

I got solution on this. We need not to run depreciation run AFAB in middle of month.

At time of booking asset sale entry by F-92, system will automatically calculate depreciation upto date of sale & post the entry. However it will not update asset ledger (AW01).

At month end, we will run depreciation AFAB normally for all assets including this sold asset & depreciation will be posted to asset ledger (AW01) for this sold asset.

Regards

Deepak