Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Migrating asset from EBS to Cloud with negative YTD depreciation

in Assets 2 comments

Summary:

Migrating assets from EBS to Cloud having negative depreciation and zero accumulated depreciation


Content (required):

There are few assets where negative cost adjustment has been done. As a result of cost adjustment, YTD Depreciation is in negative, accumulated depreciation is 0 and NBV of the asset is 0. When loading the asset using FBDI and running Mass Addition program then getting error message - "The year-to-date depreciation can't exceed the life-to-date depreciation."

Since the assets are in current fiscal year customer wants these to be migrated. Any pointers on how to migrate such assets.

Version (include the version you are using, if applicable):

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!