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How to reverse Depreciation??

Former Member
0 Kudos

Dear Members,

For an asset dep key is assigned wrongly. Depreciation has been posted for a period. Is there any possiblity to reverse depreciation for single asset ..if soo how to reverse it.??


shashi kanth reddy

Accepted Solutions (1)

Accepted Solutions (1)

Active Participant
0 Kudos

Hi Sive,

Value adjustment may be made in this scenario through ABZU.


Answers (1)

Answers (1)

Former Member
0 Kudos

Hi Shashi

If you have taken incorrect depreciation key and calculated deprciation, if you are looking for correct it in same Fiscal year then you may follow below process.

1. Replace correct depreciaton key at asset master record.

2. Now go to Asset explorer, you can see, system has adjusted values for next planned run.

3. At your next plan depreciation run, system will do depreiciation posting with adjusted value. you may also see the same for specific asset at depreciation test run.

above steps, will help only if you are trying to adjust in the same Fiscal year.

Please try this.


S. Habib Pasha.