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Former Member
May 28, 2012 at 01:03 PM

Asset Explorer, remaining life field after change to useful life

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Hello Experts:

There seems to have been a glitch at the original load of assets and the useful life of may was set at 5 years. I am changing to 39 years using LSMW for book depreciation (01) and "Group USD" (30). I ran a test of depreciation and it seems to work beautifully.

However, when I go to the "Parameters" tab on Asset Explorer, the "remaining life" changes from 4 years to 38 years but the denominator still shows 5 years. It looks like 38/5.

I expected this to change after the depreciation run but it did not. Is this just something I have to live with or is there a way to change it?

Thanks