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Useful life of fixed Assets is not reversed while reversing depreciation entry in SAP B1?

We are using SAP Business One9.1,

1) while we try to reverse the entry passed during depreciation run( using straight line method) my assets useful life is not getting reversed

2) Reversing the entry by cancelling the depreciation is allowed only for q1and can't do the same for2nd and3rd quarters

Small Business SAP Business One Fixed Assets sap fico
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Question added by Balaji Chandran , SAP IDM Expert , Dover Corporation
Date Posted: 2016/12/24
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Balaji Chandran
by Balaji Chandran , SAP IDM Expert , Dover Corporation

Hello All,

 

Likely I found it was due to some transactions document posted for a Fixed asset such as AP Invoice

We cancelled the document and tried reversing the depreciation posted which is successful 

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