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SAP BYD Fixed Asset - Change of useful life on Migrated assets

We have some migrated assets that were migrated into ByD with 6 years left on an original 10 year expected life.

We would like to change these to 15 years and have the monthly depreciation recalculated at a lower amount based on the NBV in the current financial year. The result would be to have the a reduced monthly amount running until the end of the 15 years based on the NBV at the point of making the change.

Many thanks for any assistance on this matter.

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1 Answer

  • Feb 01 at 05:42 AM

    Hello John,

    You can make this change by following below step :

    1) go to Fixed asset work center

    2) fixed asset view

    3) Search for fixed asset

    4) Edit and select master data

    5) Navigate to asset valuation subtab

    6) Under current valuation tab, you can make the change (This change will be applicable from the Depreciation start date/ initial acquisition date/capitalization date)

    As I understand, you would like to change to be effective from the date of change, in this case you need to change

    7) Go to valuation tab

    8) add row and enter the required detail (Change the start date accordingly). in this case the changes will be applicable from the start date maintained in the valuation interval.

    Make sure to verify the values and impact of the change on depreciation.

    I hope this will help you.

    Regards,

    Harshal

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    • Thanks Harshal,

      The problem is that the system does not take the previous financial periods into account when allocating depreciation going forward to write off the asset over the remaining life.

      Regards

      John