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Former Member
Aug 18, 2013 at 03:34 PM

Depreciation beyond useful life

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Hi

In our existing system, we have an
asset with depreciation key SLFM
where the base method is 0007 and we allow
depreciation beyond planned
life end.

This particular asset has
acquisition posting with asset value date
10.04.2012 of amount $2400. Initial
useful life is 1 year. Later the
useful life was changed to 8 months. The
planned depreciation was
adjusted and end in Nov 2012. However, as the
initial acquisition
value was too high, we posted an asset posting with
transaction type
101 of value $2000 for instance. For the latter posting,
the
depreciation posting ends in May 2013. Why is this so? I also
expects
the depreciation to end in Nov 2012.

Please advise.