Wrong Prior Thru date

Question

Hi Everyone, 
 
 I am experiencing a problem in FAS. After disposing of an asset the depreciation expense report is showing the wrong prior through date of 12/11 and therefore calculating the wring depreciation this run. I am not sure what could be causing this problem, the asset details shows the correct current through date. Can anyone one please help?????

Delray · Answer

Hello VWP, 
 To fix the prior through date, follow the steps in Depreciation this run is too high which will correct the Depreciation this run (DTR). A Disposal is a Calculation of Depreciation. Once the disposal information is entered, the Current through date of the asset is the end of the month of the disposal so that in running depreciation, if the Force Recalculate box is Checked, then the lost of the Prior through date is to be expected, since that is exactly what the Force Recalculate is supposed to do. 
 But it is rare that is the case. Other than the Force Recalculate, I seen it happen a lot where a single disposal or a bulk disposal causes the prior through date to get lost, but I have never been able to reproduce the issue in anything like a consistent manner. There have been times in the past where certain combination of actions would cause this more often that others, but not every single time and almost never on any of my local systems. 
 My advice to avoid the whole question of whether the prior through date is correct or not, before you run depreciation to the current month, first run it for the prior month - Don't even generate a report because that could only be confusing and is not needed. That has the effect of setting the prior through date on all assets to be the prior month and the varying DTR is not an issue.

Delray · Answer

run depreciation on this asset back to the prior FY end, then bring it forward.

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Wrong Prior Thru date

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