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Depreciation calculation for the previous year in the current year

Former Member
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Hi Guru's,

Please help me to resolve the below explained issue;

1.I have already capitalized the asset wef 01.05.2008 (back dated capitalization).

2. No depr computed for closed year 2008 till now.

3. AFAB done for February of 2009.

4. This computed & posted depr only for February 2009.

What i want now: to post depreciation for period May 2008 to February 2009, all belonging to previous year

Pls suggest

regards

Raj

Accepted Solutions (0)

Answers (3)

Answers (3)

Former Member
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Just to clarify..when you posted depreciaition on FEB it should ahve posted for Jan 2009 and Feb 2009 together in feb AFAB run.

You only need to calculate depreciation for the previous year and post it in the current year.

MarkusBredel
Employee
Employee
0 Kudos

this is correct ...

Former Member
0 Kudos

Sorry for the confusion below are the modified details;

1.I have already capitalized the asset wef 01.01.2008 (back dated capitalization).

2. No depr computed for closed year 2008 till now.

3. AFAB done for February of 2009.

4. This computed & posted depr only for February 2009.

What i want now: to post depreciation for period January 2008 to February 2009, ie for the previous year and current year.

Pls suggest

regards

Raj

MarkusBredel
Employee
Employee
0 Kudos

Hi,

the system will not catch-up depreciation from prior closed fiscal years. You have to calcualte the outstanding amount and post an unplanned depreciation in 2009.

Regards,

Markus

Former Member
0 Kudos

hi

you have to run the depreciation calculation for all the periods.