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Low Value Asset Depreciation Claculation

Former Member
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Hi Gurus,

In my company we are depreciating the LVA assets in one month time from the date of capitalization.

But the clients requirement is to depreciate the LVA asset in the same month irrespective of the capitalization date.

Waiting for your reply

Arjya.

Accepted Solutions (0)

Answers (4)

Answers (4)

Former Member
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Hi SAP Gurus,

With regards to the thread author's concern below, is it possbile to directly expense out low value assets? (meaning the acquisition cost is directly expensed, but the low value asset is still monitored in FA and not just in FI)

Thanks

Former Member
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Thank you All.

ajaycwa1981
Active Contributor
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Hi Arjya

Your dep key is with 100% which is correct... However, there seems to be a problem with your Period Control in Dep Key, due to which the Dep Start Date is getting set to start of next month...

CHoose proper period control to set the Dep Start date as Start of the Current month... Your issue would get resolved

Br, Ajay M

Former Member
0 Kudos

Hi

Creat a separate asset class for the assets which you choose to depreciate in the same month as acquisition and assign a custom defined depreciation key which does 100% depreciation in the month of acquisition.

Regards

Malathi

Former Member
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Hi Malathi,

Thank you for your reply.

Where can we define the 100% depreciation to be posted in the month of acquisition.

With Best Regards

Arjya.

former_member205041
Active Contributor
0 Kudos

Hi Arjya,

you can use depr key GWG or a compy of GWG and a asset with useful life = 1 period.

regards Bernhard

Former Member
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Hi

Please check your depreciation key customisation in AFAMA where a new depreciation key can be defined.

Refer GWG - key as base which will be available in standard.

REgards

Malathi