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Hello,

 

Has anyone seen the error "Not possible to calculate relative period with respect to last depreciation date 4/30/23"?

We have a TAX Book (no GL postings) that won't run a Depreciation Proposal, and instead gives the above error.

This happens when we run July 2023 Proposal (and forward). May and June Proposals processed without issue. But those Proposals did not generate any actual Depreciation and it seems these are related. Go live was related (from an Asset standpoint) to the 4/30/2023 date.

Any simple things we may have overlooked?

 

Regards,

William Klotz

Hi William,

This error occurs when the system is unable to calculate the relative depreciation period based on your previous depreciation details. I assume you might have imported the Fixed Asset (FA) objects using the FA import template during your Go Live.

When importing the data, you might have also imported the previous depreciation amounts. It’s important to consider the depreciation method's basic data when importing these amounts.

 

For example, let’s assume you imported a fixed asset acquired on 01/04/2023. If your depreciation method has the beginning principal set to "Beginning of the next period," then you cannot import depreciations earlier than the depreciation start date of 2024-05-01. If you import such depreciation through the FA template, it will be imported into the system, but you will encounter this error later.

Best Regards,
Kulana

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