with Acc dep on assets loaded.

[Former Member]

Hi All,

we have uploaded a test load of assets which had acc dep till 07/31/2007.

the load went with out any issues but in the p0sted values in month 8 its shows its posting all the previous months dep as well including month 8.and rest of the months after 8 it sshowing normal

not able to understand why it is adding all the previous months in the month 8, any help on this would be really grateful.

Thanks

Jay

[Former Member]

If you are doing a mid-year legacy data conversion then in the accum depreciation you only enter the accum depreciation up to the last closed fiscal year. In ordinary depreciation posted you enter the amount posted in the current fiscal year (periods 1 through period 7 or 8 --whichever is correct for you). Also make sure that you specify that last period depreciation was posted in the legacy system.