Creation of Depreciation Key

[Former Member]

Hello Gurus,

I have a unique requirement from my client. The requirement is to depreciate the same asset at the different factors. For example:

Let's say I have one asset as 'MACHINERY01' with depreciation key as a straight line mehtod with a useful life of 8 years. I made my first acquisition on 01.01 2012 of USD 10000. Now, requirement is that any further acquisition made later to that year should be depreciation on a straight line method with useful life of 7 years.

Kindly suggest how I can configure this type of depreciation key.

Thanks in advance. 

[MarkusBredel]

Hi Amit,

I would also recommend to use sub-assets for the alternative valuation. In reporting you have the possibility then also to report on "main-numbers" only, where you would get the depreciation then shown aggregated by main numbers. And in the Asset Explorer you can also show the complete asset values over main and sub-numbers by using sub-number '*'.

Regards,

Markus

[Former Member]

Hi Amit Agarwal,

You can create further acquisitions as sub number to the main asset. One Sub number is sufficient for any number of further acquisitions.

In the sub number asset assign depreciation key for 7 yrs SLM.

Hope it solves.

Regards,

G.Sethuraman

[former_member205041]

Hi Amit,

You create different phases in the depreciation key.

In the asset master data go to depreciation areas and press button "more intervals".

Here you can define a depreciation key for every phase.

Best regards Bernhard