Depreciation Calculation on Additions of Assets
Hi,
An asset has been capitalized on 31.03.2009 with 400000 (useful life is 10 years)
The depreciation is to be calculated from 01.04.2009 for each month i.e.,
400000/10 years / 12 months = 3333 (the system is calculating fine)
Now there is an addition (can you clarify which transaction code needs to be used if any additions are posted) on 30.06.2009 worth 200000
Now, the requirement is that the system should calculate the depreciation in the following way:
for first initial asset wold be
3333.33 x 12 months = 40,000 plus
the addition will be there only for 118 months (10 years x 12 months = 120 months - 2 months elapsed)
therefore 200000 / 118 months = 1695 per months, therefore 1695 x 10 months = 16949
Therefore, the total depreciation will be 40,0000 (initial) plus 16949 = total depreciation will be 56949
Please let me know how can this requirement can be achieved.
Currently the system is calculating 60,000 annual depreciation 6,00,000 / 10 years = 60,000
The depreciation key currently used is (straight line depreciation)
Base Line Method: 0011
Declining Balance Method: 001
Period Control :Z01 = 11/11/11/11
Multilevel Methods: ABC = Validity start 2 (One level is there Period 12, Base Value 24 and remaining life ticked)
Any valuable comments will be highly appreciated.
Regards,
Ravi
Note: 92925 has solved the issue.
Additional notes 165036 and 53166 helped.
Period control changed to 01/01/11/11
Valution date settings changed in
IMG ==> FI ==> Asset Accounting ==> Transactions ==> Specify How default asset value date is determined. (for acquisition changed to 05 - beginning of the month).
Hence closing the thread.
Regards,
Ravi
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There is no alternative as of now for the same.
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