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Former Member
Jun 15, 2011 at 05:45 AM

Depreciation Rate Change

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Dear Gurus,

I have a business case where Existing asset depreciation is charged on certain percentage for first 3 years, subsequently depreciaton percentage needs to be changed.

As per best of my knowledge, we can configure year dependant Depreciation rates, however, it should be configured before the asset values posting. Since, in current case, depreciation is posted for first 3 years, we cannot change the rate of depreciation.

Am I correct ?

Requesting you to comment.

Thanks,

Nirav