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Wrong Auc Settled and depreciation need to be corrected

Former Member
0 Kudos

Hi,

Issue is our end user created asset called A with 15000 in June 2008.

Based on that 2 months depreciation was posted properly.

After that one wrong Auc was settled to this asset with the amount of 10000. (T Code : AIAB)

So after that based on this amount system calculated depreciation.

Today only we got identified that error.

Now we need to the correct the all the wrong postings.

Please guide me the full process to rectify with T codes.

Sateesh

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

Hi,

Steps to be followed

1. Reverse the Capitalisation done (in AIBU) using T code AB08. give the Auc Asset number and select the capitalisation Line item.

2. Do the capitalisation with correct asset number and asset value date.

3. Run Depreciation in AFAB.

If the depreciation is already posted, the system would calculated the differential amount to be posted. But execute the AFAB for the wrong asset in the repeat mode. Adjustment amount will be reversed in the GL account

4. IF depreciation is not run for that asset with wrong amount, then just execute AFAB for the current period.

Initially try this in the test run mode.. so check the amount to be posted.

Hope this helps

Regards

Seshadri

Answers (1)

Answers (1)

deepa_khatri
Active Contributor
0 Kudos

Hi,

Reverse the AUC settled using tcode AB08,hope this will help you.

thanks

deepa