How should I change legacy asset accumulated depreciation?

How should I change legacy asset accumulated depreciation?

Due to inconsistencies between GL and AA Accumulated Depreciation, you tried using transaction AS92 but the field Accum Deprecitaion is in Gray (display only).

It give a message Transfer Date XX.XX.XXXX is earlier than the last day of previous year

Check the transfer date in the IMG. Legacy data transfer is normally performed at the end of a previous fiscal year or within a current year. For example: if the trasfer date is set to 6/30/2001 and I'm in fiscal year 2003 [fiscal year 2002 is already closed], I will get the same message " Transfer date is earlier than last day of previous year - the previous year meaning 06/30/2003 and transfer date set 06/30/2001. Check to ensure that you want to transfer at the end of a fiscal year. If not, you have to change the trasfer date which is already set-up in the system. Once the transfer date is corrected, the accumulated depreciation field is open for changes.

In this case the transfer date is on 31/8/02. Last day of previous financial year is 30/01/02. Current depreciation has been posted to this asset (from 30/9/02 onwards) but I need to change the accum depreciation on 31/8/02.

I have encountered this problem before. These are the steps that I did:

(1) Always assume AA figure is correct as AA is very controlled system and sub-ledger. Should whatever posted in AA will be posted to G/L. But in G/L , we can always do the adjustments.

(2) Compare program RAGITT01 (click posted depr.) and RFBILA00. Check for accumulated depreciation accounts.

Then, do the adjsutments below:

(3) TCode ABF1

DR/CR Accumulated depr
(Transaction code: 500)
DR/CR Depr. expense
(Cost center needed)

The DR/CR is depending on whether the accum. should be increase/ decrease.