Depreciation is executed in th background but no postings into FI

Dear Experts
I am new to configuring Assets and would like to check what our transfer dates should be. Our year end is 31/12/07 (so last closed fiscal year and period is 2006/12), we would like to transfer all legacy data upto that date onto SAP. I have used 1/8/07 as the transfer date is this right?
Also I have managed to manually create some test legacy assets, on the asset explorer it is all OK and shows me the planned depreciation for each period. When I do a test depreciation run for period 1, the test is successful. I repeat the run in the background and a job is created, but no depreciation is posted against the asset.
I look in SM37 to view the job log and one of the messages says 'Only period 000 can be posted in the repeat run'.
Am I doing something wrong, any advice is appreciated.

Hi
Generally speaking Depreciation Run is executed at company code level and not differentiated at asset level ie. I mean we cannot depreciate some assets in a company code and leave other assets. Due to this in AFAB, when we run without test run, system expects us to post depreciation for all assets in the company code.
For negative book values check setting for Depreciation Areas:
T Code OADB - NBV should be - option should be Only Positive Values or Zero Allowed
After the above change, do a test cycle to ensure it works.
Hope this helps.
Thanks
Satya

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I have checked a few of the FA in the Fixed Asset Master, and confirmed that they have not been depreciation run yet for period "2009-02". My current period is set to "2009-02" as well.
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