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Question

Fully depreciated object add value

  • November 18, 2024
  • 3 replies
  • 43 views
T
Sidekick (Customer)
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  • TaMa
  • Sidekick (Customer)
  • 14 replies

Hi

 

We have an object which is fully depreciated and the object is active. Now there is new costs for this object.

I have match the supplier invoice with that object. Then I activate the added value with process

Financials\Fixed Assets\Object Functions\Add Investment - Progress and query for the object. Right click and select Activate. 

I check from Object balance analyse that the added value is on object. Balance is correct.

I created depreciation proposal for that object. But the depr. proposal is empty.

How to solve this?

 

Regards

Tarja

3 replies

R
Hero (Employee)
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  • Ramessh Kanna
  • Hero (Employee)
  • 76 replies
  • November 18, 2024

Hi,

Did you check whether the Active Date was Old or New? and Also If the Active Date is old then “Estimate Life” is crossed (as per Current Date) then it will not Depreciate

Check those details

Thank You

 

T
Sidekick (Customer)
Forum|alt.badge.img+5
  • TaMa
  • Author
  • Sidekick (Customer)
  • 14 replies
  • November 18, 2024

Hi

Thank you for your answer.

I didn’t change the activate date, activate date is old. It is fully depreciated, through date 31.12.2019, estimated life is 3y 00m.

Do I need to change the estimated life time and how to do it?

 

regards,

Tarja

 

R
Hero (Employee)
Forum|alt.badge.img+11
  • Ramessh Kanna
  • Hero (Employee)
  • 76 replies
  • November 18, 2024

Hi,

 

Please Try whether the Activate Date in Object Tab is Updatable. Second is You can Update the Estimated Life in the Depreciation Tab. However you have to ensure the Fully Depreciated Check is removed.

Thank You

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