Depreciation expense decreasing the budget loaded in WBS element from investment project

[SUSHMADAKE]

We are using 1NT scope item(Project Financial Control), it is related to investment project related to Asset. Currently WBS is assigned to asset and we suspect that due to this it reducing the budget values as  depreciation amount is getting posted to WBS. We need your help to find the solution to limit depreciation posting to cost center only and not to wbs element in Project budget report.

[HenrikeGrötecke]

Hello, thank you for your question. It has been forwarded to the experts. Kind regards, Henrike

[Mick]

Hi,

You can change the assignment to cost collectors (asset time-depending data) at any point in time regardless the asset was capitalized already or not. This WBS element has nothing to do with origin WBS assigned to an AuC. In that case no posting occurs to WBS (alos not statistically).  

Posting depreciation to a locked or close cost object will result in an error during asset depreciation run.

[Mick]

Hi,

If you do not want to record depreciation expenses on WBS element from assets, simply do not assign a WBS element to the asset but just a cost center. You also could define a validation rule to prevent erroneous input from end-users during asset creation.

Best regards,

 Mick

[SUSHMADAKE]

Hi Mick, Thank you for your reply. We still have some doubts as below - Can we still remove the wbs element from the asset master (time-dependent data) when there are already posted transactions for the asset? we noticed that the status of wbs elements are still "released". If these are "closed" would depreciation posting still post to the wbs element? can you help to check if wbs element is assigned only to the AuC and not to the final asset, we would assume there will be no issue after settlement and depreciation posting. And link is established re: Project/WBS Element > AuC > Final Asset.