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Oct 21, 2019 at 12:01 PM

Useful life in case of reduced depreciation and shortened fiscal year

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Hello Everyone,

I hope someone can help me to understand what will we see in case of "useful life" years and months fields (Display Assets) in case of shortened fiscal year and reduced depreiation .


We are going to implement shortened fiscal year from January up to March the 31st for 2020 and the new fiscal year (2021st) will start from April the 1st.


What are the required steps in order to recalculate the "useful life" expired versus remaining depreciation periods.


In according to the SAP note 143345 there is a need to create a new asset as a post capitalization.


Thank you in advance for your support:)