on 10-07-2008 6:14 PM
Hi Guys,
I wanted to check with you all that I'm going to change dep start date in AS02 from 04/01/2008 to 01/01/2008 for Book Depreciation. Fiscal year is calendar year.
We are getting a warning message Dep. Start date 01.04.2208 should no longer be changed. This warning message can be overwritten.
Is there any issue if we change the dep start date in AS02 and are there any additional step we need to run, if required. Thanks!
rgrds, aj
Hi,
It doesnt create a problem if you make the change, unless its a legacy asset which has been uploaded with the expired life. You may need to correct the expired life, if its not automatically corrected.
Also, if any depreciation has already been posted, then the depreciation amount will get corrected in the next month's depreciation run or if the months are not closed, then you can rerun the depreciation program with "Repeat" option for the particular asset to correct the earlier wrongly posted depreciation.
Regards,
Ramanand
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Hi,
one further possible impact: it may be that your expired useful life does not fit to the depreciation start date any more. If you depreciate based on remaining useful life, this can be important.
Regards,
Markus
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