Asset written off for book

Hi friends,
If an asset has been written off for book purpose and is not scrapped or abandoned, we need to keep depreciating the asset for tax purpose. How do we handle this in SAP.
Thank You,
Joseph

Hi,
therefor you need at least 2 depreciation areas. In one you keep your book, which stops depreciating when net book value zero is reached.
Second depreciation area should then allow negative net book value. If you choose a feasible way to depreciate, then the system will continue to calculate depreciation even below net book value zero.
Concerning a "feasbile way to depreciate": you should for example not use any method which calculated depreciation from the remaining life ... that is always zero then. If you use straight-line, then APC over useful life would work for example.
Regards,
Markus

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Hi,
Here if you prepare a script for particular transaction that means what are the fields you want to use in this transaction
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Hello all
kindly let me know how to resolve a situation where we have different methods of calculating Depreciation. For Example SLM for Book Depreciation and Diminishing method for Tax Depreciation.
To calculate depreciation we use straight line method for book depreciation and diminishing value method for Tax depreciation. In this case, we have 2 different asset values to calculate book and tax depreciation.
Since SAP allows to upload only one asset value (Gross book value), I get correct book depreciation value but incorrect value for tax depreciation as the tax depreciation is calculated based on gross book value instead of net book value (gross book value less accumulated depreciation value).
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Is it possible to get books in alternate language? I am looking for books written in Portuguese.

RonNemec wrote:
How do I access books published in PT?
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Can't connect to the iTunes Store - Apple Support
https://support.apple.com/en-is/HT201400
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Changed asset cut off value

Hi experts
In my compnay all assets have 5 % scrap value (cut off value). that means asset must have ramain 5% of basic value at the end of useful life. but now cilent want 100 % depreciable asset.(want to remove that 5% value). Is it possible for old asset which already capitalized and depreciated since past so many years.
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Hi Nisha
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Message was edited by: Ian R. Brown

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Asset written off for book

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