FAQs: Frequently Asked Questions
Data Classification: Confidential
Title: Common Errors/Issues When Computing
Depreciation in OneWorld®
Abstract: This document will assist in identifying the resolution to common errors and issues encountered while
computing depreciation.
Product
OneWorld®
Suite
Financials
Release
All
Document ID
OFN-01-0030
Date Created
10/30/2001
Date Reviewed
02/04/2002
Date Revised
02/04/2002
Table of Contents
Question 1 Error # 2416 / Functional Server Routine Error
Question 2 Error #068E / Fiscal Year Setup Error
Question 3 Error 070T / Modified Start Date After Proc. Option Date
Question 4 Error # 070S / Life Year Invalid
Question 5 Error # 084Z / Negative Depreciation Not Allowed
Question 6 Depreciation cannot be seen in the cost summary or on reports.
Question 7 Although computing with method of calculation set to Inception to date (I), system is not
producing accumulated amount based on start date, with correction lump sum in the current period.
* Remember: Error detail is generally available from "work center" (fast path: WC) - personal in
basket. Open "Job # completed with Error." Additionally, a user may also research in "data dictionary"
(fast path DD, or menu GH 951, P92002) identifying the numeric-alpha error as data item qbe.
Highlight and review glossary.
Question 1 - Error # 2416 / Functional Server Routine Error
Answer 
Probable Issue: Running depreciation for a period that is different than the GL period identified in company
numbers and names date pattern.

Resolution: Set The GL period to the period depreciation is being run for or the GL constants can be
changed to allow prior period posting. Sign off and back on again, as changes to constants are cached.
Back to Top
Submit Feedback
Question 2 - Error 068E / Fiscal Year Setup Error
Answer:


Probable Issue: Fiscal date pattern issue
Resolution: Setup the fiscal Probable date pattern as far back as the oldest asset (asset with the earliest
start depreciation date.)
Back to Top
Submit Feedback
Question 3 - Error 070T / Modified Start Date After Proc. Option Date
Answer:


Probable Issue: Processing option compute date is prior to modified asset depreciation start date.
Resolution: If applicable, set the processing option to a point in time after the asset start date. Otherwise,
this flag alerts the user that the modified start date has yet to occur, which may be perfectly desirable.
Review the depreciation information column associated with an affected asset; a specific "convention"
may be in place such as mid-year. Should this be the case, then the program will not initiate depreciation
until period seven of the initial fiscal year - see start date, and therefore representing a desired modified
start date.]
Back to Top
Submit Feedback
Question 4 - Error # 070S / Life Year Invalid
Answer:


Probable Issue: The life year rule couldn't be located for the depreciation rule.
Resolution: Extend the depreciation rule into the following year(s) in depreciation rule revisions "Life
Thru" column.
Back to Top
Submit Feedback
Question 5 - Error # 084Z / Negative Depreciation Not Allowed
Answer:


Probable Issue: The rule setup for the asset depreciation method prevents negative depreciation.
Resolution: In the depreciation rule revisions for the associated depreciation method, review / change
the specific field under the "conventions" tab if applicable.
Back to Top
Submit Feedback
Question 6 - Depreciation cannot be seen in the cost summary or on reports.
Answer:






Probable Issue: Compute depreciation run in preliminary mode only.
Resolution: If appropriate, run the compute program in final mode. This will automatically populate the Fixed
Asset balances file for report review.
Probable Issue: First time compute for the method of depreciation.
Resolution: Ensure that special handling code in User Defined Code 12/DM is set to '1' for new and current
depreciation methods.
Probable Issue: Computing depreciation for the first time in the new fiscal year.
Resolution: Complete the annual close program (R12825 - Asset Account Balance Close) for the previous
FY. The system has no balances in the current year in which to base a calculation.
Back to Top
Submit Feedback
Question 7 - Although computing with method of calculation set to Inception to date (I), system is not
producing accumulated amount based on start date, with correction lump sum in the current period.
Answer:


Probable Issue: User may be comparing the World product P12850 program to the OneWorld® P12855 UDD
calculation.
Resolution: The One World program calculates on a catch up mode over the course of the current fiscal
year, completing in the final period. This will "normalize" results more uniformly in attributing expense
to the income statement.
Back to Top
Submit Feedback