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Former Member

Asset Depreciation into Several Cost Centers

Hi Gurus,

I have Fixed asset that have to depreciate into several cost centers

Example : house with the amount of USD 10,000 , it used by finance dep (30%) sales dep (40%) admin (30%)

How to distribute the depreciation into several cost center based on those percentages efficiently? also give the configuration step please.

Thank you very much.

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4 Answers

  • Best Answer
    Posted on Aug 05, 2014 at 10:38 AM

    Hi,

    I would agree to preferrably manage this via allocation logic in CO.

    But just to bring another thought into this, you could realize this probably also by using asset sub-numbers. Capitalize the FI part to the main asset, and sales and admin to sub-assets belonging to this main asset. You could assign 3 different cost centers to these 3 assets and that would also reflect your requirement.


    Regards,

    Markus

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  • author's profile photo Former Member
    Former Member
    Posted on Jul 02, 2014 at 10:09 AM

    HI,

    I am agree With Mr. DIWA it is not possible to distribute the depreciation posting,

    you have to update by distribution other wise allocation

    Another way if you create the sub assets then you can maintain different cost center to different sub assets.

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  • Posted on Jul 02, 2014 at 10:00 AM

    Hi,

    This is not possible to distribute depreciation to multiple cost centers. as we can enter only one cost center in asset master record only way is to distribute the depreciation by using allocation cycles.

    Regards

    Diwa

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  • author's profile photo Former Member
    Former Member
    Posted on Jul 15, 2016 at 08:50 AM

    This message was moderated.

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