Period Control Method 01 and 03 Mid Month Convention

[Former Member]

Hi All,

I am trying to create two different depreciation keys.

One is with Period rule 01 i.e Pro rata at period start date. Example. If I create an asset any time during the month, the ordinary start depreciation should start at the beginning of the month.

Secondly another deprecation key with period rule 03 i.e. prorata at mid period. Meaning that the ordinary start deprecation date should be from 15 of the month.

I activate the " Use of Half Months in the Company Code" then the deprecation key with prorata at period start date is behaving like pro rata at mid period.

Example:

I created an asset that was capitalized 5/18. For book depreciation the start date should be 5/1 and for tax it should be 5/15. Both of the areas are showing 5/15. have i missed something?

[Former Member]

Issue Resolved

Steps:

1. In transaction OAVS define a new Per control (Z1).

2. In transaction OAVH create the following: My fiscal year is from Aug-July

3. Update transaction AFAMP, create a new period control method and assign it Z1/Z1/Z1/Z1

4. Finally update the period control in the book depreciation key AFAMP.

D M Period

Z1 At period start date 1 31 5

Z1 At period start date 2 28 6

Z1 At period start date 3 31 7

Z1 At period start date 4 30 8

Z1 At period start date 5 31 9

Z1 At period start date 6 30 10

Z1 At period start date 7 31 11

Z1 At period start date 8 31

Z1 At period start date 9 30 1

Z1 At period start date 10 31 2

Z1 At period start date 11 30 3

Z1 At period start date 12 31 4

[nishan_dev]

Hello Anu,

If resolved you can close the thread.

Thanks

Nishan D

[Former Member]

I have the same issue. I created custom period control Z1 but its not working for the period 12. Please advise.

Regards

RR