Executing Depreciation Run and Analyzing Error Log

Objective

After completing this lesson, you will be able to perform the depreciation run and analyze the errors in the depreciation log

Depreciation Run

Kevin was assigned by his manager to carry out the year-end closing of the Bike Company in Asset Accounting. His task is to ensure that the depreciation of the closing year is posted completely.

For year-end closing, the depreciation of the fiscal year to be closed must be posted for all assets of the Bike Company. Also, all errors contained in the error log of the depreciation run for the fiscal year to be closed must be corrected. The errors can be as follows:

  • Incorrect account assignment objects (for example, a cost center that is locked in CO).
  • Missing accounts for depreciation posting.

Perform a Depreciation Test Run

Business Example

Kevin starts a depreciation test run. Help Kevin fix the error log.

For year-end closing, post the depreciation of the fiscal year to be closed for all assets of the Bike Company. Also correct all errors contained in the error log of the depreciation run for the fiscal year to be closed.

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