E1: 12: Wrong Start Date And End Date With Initial Term Apportionment 'G' (R12855) (Doc ID 3063148.1)

Last updated on DECEMBER 11, 2024

Applies to:

Symptoms

When running the R12855 User Defined Depreciation for an asset having Initial Term Apportionment (ITAC) method G (German First / Second Half of Year), Life Period 120, Compute Direction 'I' and Date Pattern H (Dec XX to Nov XX+1), the start date should be first day of the month but it showing last day of the previous month and the end date is 30/05/2032 instead of 31/05/2032.

Steps:

1. Create an asset master in P1201. Start date is 09/01/2022 (1st Sep 22)
2. Defined statutory fiscal year date pattern in P0008 as Dec XX to Nov XX+1 (Business statutory fiscal year is from Dec to November next year) – code H
3. Define depreciation rules with Initial Term Apportionment method = G, Life Period = 120 and Compute Direction = ‘I’ and Date Pattern = H.
4. Run the R12855 depreciation report for period 12 in proof mode. The start date should be 1st June 2022 (as per German method)
5. The report gives 31/05/2022 as the start date. Also, the end date is 30/05/2032 instead of 31/05/2032

Changes

Cause

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