Hi All,
I'm hoping one of you experts can help me out. We are in the process of implementing FI-AA and I have run into some configuration questions/issues. We are moving from a legacy excel based depreciation calculation method which was half year-convention to FI-AA with month following convention. The legacy data was loaded and the ordinary depreciation is calculating correctly and I have configured the conversion convention so assets with expired useful lives correct their accumulator but I am having trouble with the ongoing assets and their catch-up correction.
I am expecting that all assets will have a "catch-up" or correction to the accumulated depreciation in the first month (either more or less) due to the change in calculation method. My question is, how/where in SPRO can I configure the system to have the "catch-up" depreciation calculated?
Many thanks in advance.
Steve