Question

Depreciation proposal errors

  • 15 May 2023
  • 1 reply
  • 87 views

Badge +4

Hi Team,

I have created depreciation method selected method type as ‘Customized’.

Specified Deprecation Factor

When I execute ‘Create Depreciation Proposal’ no data is flowing in the proposal. In Depreciation proposal log I am getting following error.

 


1 reply

Userlevel 6
Badge +19

Hello @TecAlageS 

You must use relative year and period information on factor specification details. If you enter 2022 then it means on the 10th period of 2022th year  of depreciation you want to depreciate 10%. It means your fixed asset must have life time at least 2022 years.

Remove details. Enter 1 instead of 2022, keep period information as it is. Recalculate depreciation.

Then it should work.

Hope this helps

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