APP-OFA-48392: Depreciation has been processed for this asset

Hi,
we are working in oracle applications 11i.
In Oracle assets module, on the attempt from the user to modify the description of an asset item (from asset workbench -open) , when clicking the DONE button, the following error shows up:
APP-OFA-48392: Depreciation has been processed for this asset for the current period in book...
Please rollback depreciation or close the current period to perform this transaction
Any ideas please...

Hi
If you have run depreciation for a particular period and thereafter try to make modification to any asset in the same period - the system will not allow you to do the same.
If you have to make the changes than perform either of the following steps as mentioned below:
1) rollback the depreciation for the current period by running the Rollback Depreciation program from the SRS Window
OR
2) Close the period by running the depreciation and thereafter make the changes to the asset in the next period.
Without doing the above, the system will not allow you to make the changes to the asset.
Hope this helps.
Thanks
Manish Jain.

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Hello All,
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APP-OFA-48392: Depreciation has been processed for this asset

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