Hi SAP Guru's
I have a few assets that we have refurbished, it looks like we had allocated the cost for the refurb to the asset and it has not depreciated.
If i give the following example:
We have an asset purchase price of $5433 (2010) useful life 5yrs its depreciated 4.5yrs with NBV $543 (2014) remaining we then refurbished the asset with the cost of $2080 and allocated this in period 10 (2014) its now 2017 and the fixed asset register is still showing this asset with a NBV of $2623. Ideally i would like to depreciate this asset from the year we allocated the refurbished cost 2014 (but I know SAP will only post for the current period) does that mean SAP will adjust for the remaining useful life?
How can do I start the asset depreciating again at the new refurbed value? What step have I missed?