I am facing an issue in AX 2009 SP1 RU7 applied. This is with regards Depreciation calculation incase of multiple Acquisitions of assets.
Following is the detailed scenario:
Acquire an asset on 1st of April with a value of Rs. 100,000.
Acquire another Asset on 30th June for a value of Rs. 5,000.
Run the Depreciation Proposal for 3 Months (April to June).
System calculates depreciation including the 2nd Acquisition also for the entire June month instead of only 1 day ( since the 2nd Acquisition is on last day of the month it has to depreciate for one day as per Accounting Standard -6).
Thanks you in advance.
Pleae clarify one more thing. You have purchased FA1 on 01/04 with the transaction type as Acquisition. On 30/06, you are posting another transaction Acquisition Adjustment for the FA1. Now when you are running the depreciation proposal, system is suggesting you depreciation from 01/04?
Please let me know if you are following above steps or something different?
On 30/06, i am posting yet another acquisition not Acquisition Adjustment.(not sure if this makes any difference). I have activated "allow Multiple acquisition’ on GL Parameter.
Further i am running depreciation proposal till the end of June.
rest of the steps remain same as mentioned by you.
I suggest you try this scenario with configuring depreciation along with Depreciation convention - Mid month(1st of month) or Mid month(15th of month) in fixed asset groups-depreciation books.
I am using “Straight line percentage” method for calculating depreciation. when i tried to change the current Depreciation convention to Mid month of any other option, i am getting this error “The fixed asset xxxxxxxx for depreciation book Comp Act does not use a depreciation method that is valid for the depreciation convention”. May be we are not supposed to use any convection for Straight Line method of depreciation (Not sure).