Financial - JDE1 (MOSC)

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R12865 Depreciation Projections creating balance adjustments for fully depreciated assets

edited Mar 8, 2019 4:00AM in Financial - JDE1 (MOSC) 2 commentsAnswered

We have thousands of assets that have been fully depreciated but when running R12865 it creates the equivalent of one month's depreciation as a balance adjustment.  There should be no depreciation projection.  Example: asset start depreciation 10/1/08, end 09/30/18.  Net book value is zero (cost 97.99/inception to date on the report -98.81/acc. depr year to date -.82.  Depreciation projection run for 2019 and it creates and entry for -.82.  In the F1202 the asset has zero balance.

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