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Why did depreciation stop on an Object?

  • 11 August 2022
  • 3 replies
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Userlevel 5
Badge +7

Hello

 

I have an object / asset , 2021-33 that was activated in October 2021.  In November 2021, a manual entry was entered to adjust the value of the asset. 

 

 

After this, it stopped depreciating. When we run a depreciation proposal, we get this message in the log:

 

 

I would appreciate any help on how to correct this and get the object to depreciate again. Thank you.

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Best answer by PamithK 11 August 2022, 21:58

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3 replies

Userlevel 3
Badge +8

Hi Andrei,

You need to complete the value addition to the asset.

Go to Financials\Fixed Assets\Object Functions\Add Investment - Progress and RMB on the FA and ‘Activate’.  

It should get picked for depreciation after that.

 

Regards

Pamith

Userlevel 5
Badge +7

Thank you Pamith! Much appreciated.

Userlevel 5
Badge +11

And just to add … if you look into the log of the depreciation proposal it will be stated there that additional acquisitions are not fully processed.

Regards 

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