Calculation of depreciation

[Former Member]

Hi,

MY client requirement is that they want to calculate depreciation for assets

for ex if they have bought asset on 365 th day of year but system should calculate depreciation for total 366 days ( complete year).

2nd case if they want to sell this asset next year asset retirement should happen without any calculation of depreciation for this year.

Please tell me how to proceed further in this case.

thanks

kareem

[former_member205041 · Accepted solution]

Hi Kareem,

1) Please check your fiscal year variant (OB29/OB37).

Do you have for february 29 days maintained?

2) Check ANLB-PERFY. Is it 365 or 366.

regards Bernhard

[Former Member · Accepted solution]

Hi Bernhard,

thanks for ur reply,

checked in ANLB-PERFY. it was 366 days and fiscal year was ok.

but my question was once my client purcahse X asset on last of month of year it should calculate for the whole year not on that last month itself.

is it possible in this case.

thanks

kareem

[former_member205041 · Accepted solution]

Hi Kareem,

is this aquisition in the aquisition year?

In the aquisition year the depreciation start date is relevant.

If it is not the aquisition year, the asset value date is relevant.

The period control is not relevant if you have daily depreciation.

regards Bernhard

[Former Member · Accepted solution]

hi Bernhard,

thanks for ur reply,

i will check with ur inputs.

[former_member205041 · Accepted solution]

welcome