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Credit memo for asset with depreciation posted

Former Member
0 Kudos

HI,

There is requirement to pass a credit memo for an asset.

The asset was purchased on 01.04.10.

And have been depreciated till 31.05.11.

Now the client want to pass credit memo for the full acquisition value.

My issue is when I am passing the entry through ABGF - ... in Next Year

System is throwing error stating the value is going negative.

Then we passed the write up for the depreciated value as on 01.04.10.

Still system is giving the same error message.

Please suggest on what date should I pass the write up to clear the whole posted depreciation and pass the credit memo.

Accepted Solutions (0)

Answers (2)

Answers (2)

Former Member
0 Kudos

Thank you very much

suma_mani
Active Contributor
0 Kudos

Hi Dear,

What was the error detail with message number

Rgds

SumaMani

Former Member
0 Kudos

Hi,

The message is Acquisition value negative in area 01.

Message no. AA617

atif_farooq
Active Contributor
0 Kudos

Hi:

Please go to OADB...Select dep area and set All values allowed for Acquisition value.

Regards

Former Member
0 Kudos

Hi,

But that will just allow the system to post any value.

Which it should not do.

I want to know how to handle through transaction.

Former Member
0 Kudos

Hi,

Go to asset master change, in depreciation are tab double click on depreciation are number then select negative values allowed check box

Hope this will help you.

thanks!