how to reduce asst life ?

[ilavarasan_td]

hi,

i created assets in as01 for life of 5 years, then my clients want to change in to 3 years of life, how can i change it ?

wht is tht t.code for tht ?

Prince

[Former Member · Accepted solution]

Hi

Check if the field useful life is editable in AS02 screen. If yes you can change here.

Else make changes to edit useful in Asset number level at transaction code AO21. This is a customisation change adn you need to transport it to your production client. After transportation, your useful life field will become editable

Thanks

Malathi

[ilavarasan_td · Accepted solution]

thx for ur useful reply, but i am asking tht asset created 1 year before , in total 5 years of life, 1 year dep also posted and remaining years is 4 but client want to show as 2 years , this how can i change it ?

Prince

[Former Member · Accepted solution]

Hi

1. You can change the life now in AS02, though one year has beeen completed. The remainining period depreciation will get adjusted automatically once you change the useful life. You can see the values of Depreciation planned in AW01n before and after making this change.

2. If you dont want to change in the existing asset, you can transfer the asset balance to a new asset using transaction ABUMN and make the useful life as 3 years or so as per your requirement.

Malathi

[Former Member]

DEAR

change life of asset to 3 years in AS02.

run AFAR to recalculate values.

it will recalculate values according to new asset life.

check in aw01n

regards

rohit

[srinivasa_maruvada]

Hi

Go to AS02 and enter asset number, company code and go to Dep Area tab ....here you can change useful life of the asset for eacch depreciation area.

Srinivas