Skip to Content
author's profile photo Former Member
Former Member

Creation of Depreciation Key

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.

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

3 Answers

  • Posted on Jan 07, 2014 at 04:40 PM

    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

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Jan 10, 2014 at 05:49 AM

    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

    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on Jan 10, 2014 at 09:03 AM

    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

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.