Group asset depreciation at 50%

[Former Member]

Hi

I posted a question for tax depreciation on group asset but still want to know if we assign 2 assets to same group asset but depreciation is to be calculated on one asset at 50% since acquired after 6 months and on the other asset it is for full year i.e 100 % .

How will this be displayed ?

In case this is not possible then we will have to create one group asset for each asset which will be of no use .

Plz explain waiting eagerly for the reply

[MarkusBredel]

Hi,

I have no knowledge about India specific requirements and group depreciation. But depreciation for a regular group asset is nothing else then calculation on individual assets in principle.

Hence if you want to have individual period consideration in the capitalization year and subsequent years for the transactions, you must use an appropriate period control. Exception is the capitalization year, in this year you have to set field XBZDAT in the depreciation key. There are OSS notes for this field, which contain more documentation on this functionality. I would recommend to read these notes, set XBZDAT on the group asset, and then you should be able to apply this requirement.

Regards,

Markus

[Former Member]

Hi

I am also facing a similar problem. Did you get any solution/workaround for the same?

Regards

Prachi