on 06-15-2011 3:39 AM
Hi,
We are migrating assets in the middle of fiscal year.
After migration , Do we need to run AFAB from period 1 or just need to run for current period?
Thanks
Hi,
It depends on the setting in 'Period in which depreciation was posted' part of fixed asset migration customizing. If the input is last period then depreciation run for current period. On the other hand, if the input is period 12 of prior year then depreciation run from period 01 may be required.
Kind regards,
John Chin
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Hi, it's me again.
That scenario can happen when there isn't any depreciation run in current fiscal year and usually is the case in quality system because it is not required to execute depreciation process every month.
The suggestion is to execute depreciation run from period 01 up to 05 in the test system, then do legacy asset data upload > after that perform depreciation run for current period.
Kind regards,
John Chin
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