How to use Fixed Asset Depreciation in ofbiz?

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How to use Fixed Asset Depreciation in ofbiz?

Christopher Cheng
I was trying to google and reading the doc on ofbiz, but I could not find
much information about fixed asset depreciation on "apache-ofbiz-10.04"

I clicked on "DEMO_VEHICLE_2" on Fixed Asset List, set the "Date Acquired"
to "2010-06-01", "Expected End of Life" to "2012-06-01", "Purchase Cost" to
"25000 USD", (booked value?), "Salvage Value" to "0" and then create a new
depreciation method "Straight Line Depreciation - 2010-06-01 to 2012-06-01".

My questions are

   1. How come this piece of equipment can have more than 1 depreciation
   method? 2 sets of deprecation transaction will be generated?
   2. How come I cannot choose those GL accounts in GL Mappings?
   3. When is "Fixed Asset Depreciation Report" generated? After I click on
   save, those lines do not appear
   4. Even I choose another asset "DEMO_VEHICLE_1" and click on "Create an
   Accounting Transaction: 22500" (the accumulated amount is 22500), the
   system gives me an error:


org.ofbiz.widget.screen.ScreenRenderException: Error rendering screen
[component://accounting/widget/GlScreens.xml#CommonPartyGlDecorator]:
java.lang.IllegalArgumentException: Could not find screen with name
[CommonPartyDecorator] in the same file as the screen with name
[CommonPartyGlDecorator] (Could not find screen with name
[CommonPartyDecorator] in the same file as the screen with name
[CommonPartyGlDecorator])
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Re: How to use Fixed Asset Depreciation in ofbiz?

Pierre Smits
Hi Christopher,

First of all make sure that in 'Fixed Asset Type GL Mappings' you have set
the correct mapping. See here in
demo<https://demo-trunk.ofbiz.apache.org:8443/accounting/control/FixedAssetTypeGlAccounts?organizationPartyId=Company>
.

The best way to do this is per Asset Type, as this will have you avoiding
to it per asset item.

Regards,

Pierre

2012/6/2 Christopher Cheng <[hidden email]>

> I was trying to google and reading the doc on ofbiz, but I could not find
> much information about fixed asset depreciation on "apache-ofbiz-10.04"
>
> I clicked on "DEMO_VEHICLE_2" on Fixed Asset List, set the "Date Acquired"
> to "2010-06-01", "Expected End of Life" to "2012-06-01", "Purchase Cost" to
> "25000 USD", (booked value?), "Salvage Value" to "0" and then create a new
> depreciation method "Straight Line Depreciation - 2010-06-01 to
> 2012-06-01".
>
> My questions are
>
>   1. How come this piece of equipment can have more than 1 depreciation
>   method? 2 sets of deprecation transaction will be generated?
>   2. How come I cannot choose those GL accounts in GL Mappings?
>   3. When is "Fixed Asset Depreciation Report" generated? After I click on
>   save, those lines do not appear
>   4. Even I choose another asset "DEMO_VEHICLE_1" and click on "Create an
>   Accounting Transaction: 22500" (the accumulated amount is 22500), the
>   system gives me an error:
>
>
> org.ofbiz.widget.screen.ScreenRenderException: Error rendering screen
> [component://accounting/widget/GlScreens.xml#CommonPartyGlDecorator]:
> java.lang.IllegalArgumentException: Could not find screen with name
> [CommonPartyDecorator] in the same file as the screen with name
> [CommonPartyGlDecorator] (Could not find screen with name
> [CommonPartyDecorator] in the same file as the screen with name
> [CommonPartyGlDecorator])
>