Reverse Depreciation in Asset Module

Dear Freinds,
Pl advise how to reverse Depreciation posted in Asset Module in SAP ?
We have run Unplanned Dep in period 7 , but FI period was closed , sys gave an error message that " period is not open " . Now if we want to run in period 8 , system is asking to restart for period 8. There has been no FI entry posted in the sys.
What we want is to reverse the dep posting of period 1 to 7 in Asset Module , so that we can run Unplanned depreciation from 1 to 8 periods in period 8. HOW TO DO THIS ?
Thnks
Vinod

Why would you want to reverse all of the depreciation that was posted? Since asset accounting is a subledger of the G/L that would have an impact on the closed periods in FI/GL.
There is no functionality within standard SAP to reverse depreciation once it is posted. That way, SAP mantains the integrity of the postings in FI and keeps the subledger and ledger in sync.
If you feel that you have a real business need to do this, log in an OSS message. SAP may have some tools that will help you with this.

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Hi,
In standard it is not possible.
You have workaround for this.
1.Change the depreciation key assigned in asset master
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you mix up things. First of all the changes will not have any effect as long as your RESTART run has not been executed successful. The RESTART will only pick up the postings (on FI-AA side) which have been created in the original run. If there have been values to be posted for an asset, it must be posted.
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Any body please tell me. How to reverse the Depreciation documents for Asset accounting.

Hello Ramu,
Asset transactions have to be reversed using the reversal transaction of the application in which the original transaction was posted (for example, invoice receipt). You automatically go to the appropriate reversal transaction when you choose Postings-> Reverse document.
In addition to the reversal transactions for documents created in Asset Accounting, there are also the following reversal transactions in the applications integrated with FI-AA:
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Procedure
Choose Postings ® Reverse document ® Other asset document.
Enter the asset.
Press Enter
Select the document to be reversed.
Choose the Reverse function.
Below mentioned is the procedure for reversing Settlement of an Asset Under Construction
Choose Postings->Reverse document->Cap. asset u. const.
Enter the asset under construction that was settled.
Press Enter
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If you want to reverse a settlement that was posted before the most recent one, you first have to reverse all the settlements, which were posted after the one you want, in chronological order.
You cannot use this transaction to reverse the settlement of assets under construction that were only managed for cost accounting.
Reward points if i had been of help to you.
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Hi all
Please let me know is there any possible to reverse last fiscal asset need to reverse in current fiscal year.can you you tell me the procedure
Please find the detils of the asset
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Depreciation start date =01.01.2007
Asset capitalized date =01.01.2007
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Hello
Was the wrong invoice posted from MM or FI? Why you do not reverse the posting in the original module (MM or FI) with the correspondent transaction.
Do you want to leave a erroneous open item duplicated in the vendor?
Yes, if you post a credit memo the APC account of the asset will be posted with
an opposite sign. However, if you do this with AA transaction ABSO the offsetting
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Hi,
Good Morning,
We are using Oracle R 12 Version 12.1.3
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For an asset dep key is assigned wrongly. Depreciation has been posted for a period. Is there any possiblity to reverse depreciation for single asset ..if soo how to reverse it.??
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Reverse Depreciation in Asset Module

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