Asset Lifecycle Management - PSFT (MOSC)

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Depreciating an Asset that was flagged with a "Non-Depreciable" asset profile

edited Jul 25, 2013 6:01AM in Asset Lifecycle Management - PSFT (MOSC) 4 commentsAnswered
Hello,

Wr are on Peoplesoft AM 9.0

We have several assets that were transferred into a new BU back in 2006. Accumulated Depreciation did transfer over from the old to new assets. However, the assets were inadvertently moved into an Asset profile that was setup as “Non-Depreciable".

These assets have had no depreciation activity since they were transferred back in 2006. The depreciation has been manually accounted for outside of Peoplesoft, but we need a way to fully depreciaition these assets in Peoplesoft, and were hopiong to do it all in the month in which we adjust them.

Any recommendartions on the correct approach to do this?

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