Skip to Content
Former Member
Jan 29, 2014 at 03:19 PM

depreciation not calculated even if useful life not expired


Hi Experts,

For a particular asset , the dep start date is 01.01.2012 and useful life is 3 years and depreciation is already posted for FY 2012 and 2013. Now we are in FY 2014 and system doesn't calculate depereciation for this asset. The expired useful life in asset master is 2 yr and 0 period. When I change the expired useful life to 1 yr and 0 period, system calculates the depreciation for FY 2014. But actually expired useful life is 2 yrs right i.e. 2012 and 2013.

Why system proposes the expired useful life is 1 yr 0 period . It should be 2 yrs and 0 period. How to calculate depreciation for FY 2014 by keeping expired useful life to 2yrs and 0 peiord and useful life 3 years. My financial period is Jan - Dec.