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Re: Asset Scrapping - Calculating Depreciation for entire year

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Perhaps, the following might be a solution that can be implemented safely in a production setup:

 

 

Objective: To post retirement related depreciation in a single period without smoothing over the remaining periods.

 

Solution:

 

  1. Perform standard depreciation posting run for current period
  2. Turn Smoothing Indicator Off
  3. Write Off Asset
  4. Run Repeat Depreciation Posting Run (select Repeat Posting Run instead of planned and also input the retired asset number)
  5. Turn Smoothing Indicator back on

 

 

This should post the complete depreciation in the current period for the retired asset and smooth out the depreciation for all remaining assets


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