Skip to Content
author's profile photo Former Member
Former Member

Query regarding Useful Life

Hi SAP guru

I have one query regarding useful life of asset,

If i purchased a asset in rs 200000 , wdv rate is 20% and put the useful life 4 year, in last year i want to depreciate the asset upto 1 Rs.

Capitalisation date is 01.04.2008.

Ex - Acquisition value Ordinary depreciation net book value

2008 200,000.00 40,000.00- 160,000.00

2009 200,000.00 32,000.00- 128,000.00

2010 200,000.00 25,600.00- 102,400.00

2011 200,000.00 20,480.00- 81,920.00

2012 200,000.00 81,920.00

Client requirement is in year 2011 asset should depreciate upto Rs 1.

Appreciate your reply.

Regards

Anjan

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

  • Best Answer
    author's profile photo Former Member
    Former Member
    Posted on Dec 18, 2008 at 05:57 AM

    Dear Anjan,

    In customization settings,we need to customize depreciation keys and assign the % of of Depreciation for income tax rules and company act. Deprection always work on % wise in SAP.You can give useful as 999 years. and if u want reduce the same up to Rs.1 as per business,let me know which act says that?

    You can implement as cost account deprecition method and reduce whatever u want and mention your percentage agaisn 4 year based.

    Best Rgds.

    ManiKumar

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.