R12855 - Depreciation Issue
We are migrating assets of One co. in JDE to another co. in JDE using 9.2. We follow FY as April to March. We did annual close of March 25. We then created mass assets using P1201Z1/ R1201Z1 with account details of the corresponding new co. After this we updated the balances using beginning balance for each asset. Post this we ran R12855, but the depreciation calculates wrongly. Details are as below
Asset Cost - 6237.13, Salvage Value - 623.71. Start date of Asset & depreciation - 27 Sep 2021. Asset Life 60 Months
Accumulated Depreciation as on 31March 2025 - 3940.16
Formula used - Year 1 - 102 i.e ((10/03) * 49 ) * 50