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Dear Girgireh / Vinit,
Smoothing / Catching, is only relevant for the FY, in which you have gone
for the change in the Expected life of the asset. In case you are planning
for the change in expected life of the asset at the first day of the new FY,
Smoothing / Catching has no meaning, These metheds, have relevance only,
when you have gone for the changes during the FY, when some of the monthly
postings are already been made. Even here also. after revising the expected
life of the asset AS03, you can again run the depreciation program, so that
all the previously posted deprecation of current FY will get adjusted, or
without running for previous months, you can go with manual posting
(unplanned deprecation) in the current month for adjustments for the closed
periods of current months.
Hope this will help you.
| | | ---------------Original Message---------------
From: svinit211
Sent: Monday, May 23, 2011 3:33 PM
Subject: Catch-up depreciation
I am also facing exactly same problem But I beleive smoothing/ catching is meant only FOR DEPRECIATION for the year and would work for posting of depreciation WITHIN THE PERIODS of a FY and hence, the effect of change in life on the already closed asset years will not be considered. If you have got any solution, please let me know.
-Vinit |
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