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Former Member

Asset depreciation calculation based on Capitalisation date

Dear experts,

I am working on Fixed asset depreciation calculation, our client have an unique requirement with Asset accounting.
There Star Dep date and Capitalization date are different Ill give you a scenario.

Ex: Asset Useful life is 3 years start Dep date is Jan 2016 and capitalized on Nov 2016 with acquisition value of 36000.00
in this scenario system is calculating dep from Nov 2016 till Dec 2018 (36000/ 26 periods) with value of 1384.61 per periods.
Our client requirement is system should calculation 1000 per periods from Nov 2016 and they want to post unplanned Dep for the period Jan 2016-Oct2016 in Period NOv2016 (10,000)

In the same scenario if the Start dep date and capitalization date are in same FY system is calculation perfectly. But not if FY is different in Start dep date and capitalization date.

Can anyone suggest please how these can be implimented or are there any customization setting where useful life should consider from Capitalisation date.
NOte: we are follwoing a straight line dep method.

Highly appreciated

Thanking you

Regards
AA

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1 Answer

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    Former Member
    Nov 24, 2016 at 09:57 AM

    Dear Gurus

    Can anyone help me on this please i need to know are there any customization setting where Fixed Asset USEFUL LIFE can be considered based on the capitalization date and not from Dep Start date.

    Regards

    AA Gandhi.

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