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Posted to user@ofbiz.apache.org by Christopher Cheng <ch...@gmail.com> on 2012/06/02 06:01:05 UTC

How to use Fixed Asset Depreciation in ofbiz?

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])

Re: How to use Fixed Asset Depreciation in ofbiz?

Posted by Pierre Smits <pi...@gmail.com>.
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 <ch...@gmail.com>

> 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])
>