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Former Member
Jul 30, 2014 at 08:32 AM

companies act 2013, Asset depreciation Rate from 1st Apr-14

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Hi Experts,

as per companies Act 2013, assets deprecation will be calculate on life base..

currently we are using SLM method. Examp.. Plant & Machinery 5.28%

we want to change depreciation rate calculation on life base from 1st Apr-14. for new Assets and on existing assets remaining life and balance value

calculation as given below for existing Assets example:-

we have purchase one assets in 16th Apr-2011, and total cost was Rs.62590.71/-

31st March-14 the asset value is 52811.78/- after depreciation..

from 1st Apr-14 to we want calculate depreciation on rest value and remaining days.

pl help me how to configure same in SAP..

Regards

Rajesh kumar Kumawat

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