Fixed Assets - EBS (MOSC)

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Tax Upload Interface error: Life-to-date depreciation and year-to-date depreciation must be the same

edited Jan 23, 2014 3:33AM in Fixed Assets - EBS (MOSC) 5 commentsAnswered
This is a conversion question.

Our FA Corp and Tax book first current period is JUN-13 (last period of previous fiscal year - JUL-12 to JUN-13) and we are loading assets from legacy system. Fiscal year is JUL to JUN. Values for loading have been depreciated up to 30-Sep-2013 (Part of JUL-13 to JUN-14 year). Assets in Tax book are depreciated using the Dimminshing Value method using NBV. We will be using a Prorate convention that will not depreciate assets for period JUL-13, AUG-13 and SEP-13 but will start to depreciate in OCT-13 in the Corp and Tax book.

Asset were successfully loaded into the Corp book (no issue) but when we try to update the asset cost, ytd and accumulated depreciation using the Tax Upload Interface after mass copying into the TAX Book, I am getting an error for some assets. The error message:

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