Home > Default > Depreciation values in previous closed fiscal year

Depreciation values in previous closed fiscal year

October 11Hits:0
Advertisement
Hi,
I want to apply new depreciation key for an asset, acquired previous year. Previous financial year is closed where prior fiscal year for fixed assets is still open. How should I apply changes.
Thanks in advance.

Answers

Changing the depreciation key will recalculate the depreciation for the current year.
if you have previous year open, then it will also recalculate for the previous year. if it recalculates you might have to open FI posting periods and run the repeat depreciation for the last period so that it posts the recalculated depreciation.
If not close the prior year and change the depreciation key, this will recalculate only for the current year and the catchup will be posted in the following depreciation run.

Read other 2 answers

Tags:

Related Articles

  • Depreciation values in previous closed fiscal yearOctober 11

    Hi, I want to apply new depreciation key for an asset, acquired previous year. Previous financial year is closed where prior fiscal year for fixed assets is still open. How should I apply changes. Thanks in advance.Changing the depreciation key will

  • Changing Depreciation Key for Tax for closed fiscal years -October 11

    Hello, Hoping someone can help me with this question - Is it possible to change the depreciation key for closed fiscal years - we need to change it for Tax - books. And if yes - does it mean we need to open closed fiscal years ?? Thank you, RichaHi,

  • Asset depreciation in a closed fiscal yearOctober 11

    Hello, After closing fiscal year 2010 we noticed that asset "A" start depreciation date was incorrectly set to December, 15. Now we have corrected this date to December, 1. SAP have re-calculated the depreciation so we have aditional USD 600 pla

  • Depreciation Run for closed fiscal yearNovember 30

    Hi All, We bought some assets on 2005 through direct purchase and these assets are in under operation, but not having the asset master record in the SAP system. Now we have decided to bring these assets into the system as the capitalised date is 10 N

  • Without run depreciation they have closed fiscal yearsNovember 30

    Hi all In my development system without Depreciation Run they have closed fical years. They did not run depreciation from 2003 and 02 period. present fiscal year is 2007. How can go back and how can i run depreciation from 2003. Please tell me clearl

  • Change in Specify Transfer Date/Last Closed Fiscal Year in Asset AccountingOctober 11

    Hi, While uploading the asset master data and values,I have given the Specify Transfer Date/Last Closed Fiscal Year date as 31-12-2008.But as per the fiscal year 4-4-5,2008 closed on 03-01-2009. what are the consequences,If we change the Specify Tran

  • Asset Report to check periods in Closed Fiscal YearOctober 11

    Hi Gurus, Would want to check what other standard SAP t-codes that could be used to check the periods for the closed Fiscal year in asset reporting? i.e. FY 2008 closed, would need to check asset balances, NBV, etc for period 7, system prompts an err

  • Planned dep in closed fiscal yearOctober 11

    Hi We have done a change(reduced the useful life) in the useful life of the asset in the Fiscal year 2009 in the  month of June,which impacted the  previous year depreciation amount.The planned  dep value got increased in december 2008 .In the posted

  • Transfer on last day allowed only in closed fiscal yearOctober 11

    Hi Guru, Client kept asset transfer date as 31/10/2010 first, uploaded some asset on this date, due to some reason asset uploading was not completed for all the asset. so all the asset value which was uploaded on 31/10/2010 was done as zero. Client t

  • Facing problem in depreciation posting in previous periodNovember 30

    I have posted 61 asset codes depreciation in the previous year 2010 with repeat run and period 12 but with the 3 asset codes i am facing problem regarding fiscal year the system generating error called fiscal year 2010 /12 is already closed in financ

Copyright (C) 2019 wisumpire.com, All Rights Reserved. webmaster#wisumpire.com 14 q. 0.524 s.