Tax depreciation net book value never becomes 0

[Former Member]

Hi all,

I am testing asset accounting but in my setup net book value never becomes 0 for tax depreciation. If useful life for tax depreciation is 3 years for example and acquisition is done in period 10, of 1 000 it looks like follows:

Year 1: depreciation 83,22 (tax depreciation is calculated from acquisition date and not for whole year)

Year 2: depreciation 333,33

Year 3: depreciation 333,33

Year 4: depreciation 250 => Net book value 0,01

Year 5: depreciation 0 => Net book value 0,01

I guess that it is something about rounding or my configuration only follows 3 years independent of that value is not 0. How can I set that net book value always shall be 0 after useful life?

It works fine for book depreciation but not for tax that is special depreciation.

BR L

[nishan_dev · Accepted solution]

Dear L Eriks,

Please verify your setting at T-Code :- OAYO

a) Determine the depreciation areas in which net book values or depreciation, and/or replacement values are to be rounded to whole currency units.

b)  Determine whether the system should always round up, round down, or round up or down to the nearest whole number (up to .49 - down, over .5 up).

Best Regards,

Nishan Dev

[Former Member · Accepted solution]

Dear Nishan,

In transaction code OAYO I have Arithmetic rounding for both tax and book depreciation. We have the same for all our other comapany codes and there it is no problem.

BR L

[nishan_dev · Accepted solution]

BRL,

Please refer to this thread http://scn.sap.com/message/9547876 , similar issue been discussed and solved.

Best

Nishan Dev

[Former Member · Accepted solution]

Dear Nishan,

It seems to work by following that thread. Many, many thanks!

BR L

[nishan_dev · Accepted solution]

I am glad, it worked !!!

Best Luck,

Nishan Dev