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Multiple scrap values with asset

I have an asset with changing scrap values during it's usefull life. Depreciation should be straight line.

For example:

- Acquisition value is 100,000

- Usefull life 1 is 3 years

- Scrap value 1 is 40,000

- Usefull life 2 is 1 year (this usefull life starts directly after usefull life 1 has ended)

- Scrap value 2 is 30,000 (this is the scrap value after usefull lifes 1 and 2; being 3 + 1 = 4 years)

=> Depreciation for the 1st 3 years should be 60,000 (100,000 -/- 40,000)

=> Depreciation for the 1 year thereafter should be 10,000 (40,000 -/- 30,000)

Does anyone know if it is possible to define multiple scrap values, and if so how this can be done?

I only see the possibility to define one scrap value (or scrap %).

Thanks!

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  • Best Answer
    Posted on Sep 22, 2011 at 04:27 PM

    Hi:

    For doing so you can open sub asset for the main asset and define value in OAY1 after setting screen rules in AO21.

    Regards

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