Hi Friends,
In case of 1 of my asset depreciation is getting posted after the useful life end , we want it to be completely posted before useful life ends, details of the issue are as below,
Useful life of the asset initially was 36 months , it changed to 47 months in March,2010 & changed from 47 months to 35 months in june 2010.
Depreciation key used is LINK ( base method- 007, decl bal method -001, prd control - 001 & multilevel method -010) .
Asset value - 18599.4 ( Acq date -02/01/2009)
Depreciation planned - 18599.4/36 = 516.65
Depreciation Posted in 2009 - 5683.15
As a effect of useful life change revised depreciation from June 2010 is 531.41
whereas it should be 538.18
Thus low depreciation posted in 2009 is 162.36 {( 531.16-516.65) X11 months }
Its showing as will be posted in 2012.
As planned life will end on dec.2011 calculation should be on Net book value of last closed year i.e.2009.
We have already tried changing base control method to 0011- its not worked.
changing base method to 008 - its not posting in 2012 but posting very high depreciation 2010 than 2011. so not acceptable.
Please advice .
Thanks & Regards
Bhairavi