Dear All,
I have been working on this issue for some time.
I would like to make an enquiry if it is possible to capitalise assets in SAP without specifying the
estimated useful life of the asset.
We would like to calculate annaul depreciation expense based on
NBV as at Beginning of Fiscal Year X Depreciation Rate
Thus based on the formulae above, the estimated useful life of an asset doesn't seem to apply.
I understand that to avoid sepcifying the estimate useful life in the asset master, we would have to use depreciation keys, (base methods) that are not based on the useful life of the asset to calculate depreciation.
I would like to seek the advise of the SAP Community as to how i can config the asset depreciation without involving the asset useful life.
I appreicate any kind souls who would be more than willing to share their findings with me!
Thanks!