Dep. Key based on Useful Life

[Former Member]

Hi all of you,

Can anybody clear me how to create a depreciation key based on useful life since we have a Non Leading ledger for US GAAP and have separate dep area for that.

And tell me another thing, what is the functionality of useful life while using the depreciation key with stipulated percentage?

Thanks & Regards

Ramki

[Former Member]

Hi

In Dep key, Base Method, you have to select Dep. Method as Percentage from the useful life and input the useful life in the asset master or you can default it in Tx: OAYZ.

That means system will calculate the % from useful life and apply the Rate.

And when you maintain % in the Dep key, then in Base method you need to maintain as Stated percentage.

Hope it is clear.

Regards

Venkat