Ordinary Depreciation start date

[Former Member]

Dear friend,

I have an issue in Assets Accounting related to Ordinary Depreciation Start date.

Please help me to resolve this.

Our client follows standard procedure that the Ordinary Dep Start date is the date of Asset Capitalized and not the date of First Acquisition.

All the Dep Key are working accordingly. In one of the newly created Dep Key the Ord Dep start is deriving from the First Acquisition date which is not correct as per business.

For Eg-Asset 123-Capitalized on 01.01.2007

Asset 123 Acquisition Posted on 30.01.2008

Dep Start date is to be 01.01.2007, but our Dep key is taking it as 30.01.2008(Acquisition date)

I have used the following Parameters in the Key.

Base method- 0014 Ordinary: explicit percentage (after end of life)

Declining Bal-0

Period Control-01/06/01/01

Mulitlevel u2013 ACQ Year-999/Year-999/Per-12/Base Value-24/Percentage-0%

Please help me how to make the Dep Key to default the Ord dep start date from Capitalization date and not from Acquisition date..

Thanks

Tajammul

[Former Member · Accepted solution]

Hi,

Check the multilevel method using in depreciation key, May be at the time of configuration validity start they might be given as acquistion date.Change the validty start to ordinary depreciation start date.

Regards

Maruthi

[Former Member · Accepted solution]

Hi Maruthi,

Thanks for your reply.

The issue has been resolved.

Root Cause of the error is "Dep to the Day" has been activated in the Dep Key which is overwriting the Period control settings for Dep.

We have to untick the check box it will resolve the issue.

Thanks again

Regards

NTH

[Former Member · Accepted solution]

Hi,

Can we do modification in the existing Dep key parameters?

For Eg changing the % of Dep...

How it will impact the existing assets

Apart from re caluate Dep AFRA any other steps need to be followed??

Please advice.

Thanks

NTH