E1: 12: When R12855 (Calculate Depreciation) is Executed Depreciation Calculated Beyond Asset Life With Compute Direction Set as P (Current Period) (Doc ID 2932274.1)

Last updated on MARCH 02, 2023

Applies to:

Symptoms

When R12855 is executed for an Asset where the compute Direction is set as P, Depreciation is calculated beyond the life of the Asset in the scenario when the last months Depreciation amount is more than  the calculated deprecation amount

Steps:

1.Create a Asset with cost set as 10,000.
2.Define the Life of the asset as 3 months with the compute direction as “P”.
3.Run R12855 for the first month
4.Run R12855 for the second month
5.Run R12855 for the third month
6.Lastly run R12855 beyond the life of the asset life. Depreciation is getting calculated

Cause

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