Fixed Assets Add-On: Depreciation Calculation After Credit Memo

In the beginning of the year, I have a fixed asset as follow:
Cost $16,128,667.00
NBV $14,515,800.35
Planned Useful Life for this asset is 120 months.
In July this year, created a Fixed Asset Credit Memo for this asset at $1,110,942.92.
Originally, before the credit memo, the planned depreciation is $134,405.53 per month which is correct.
After the credit memo, it recalculates the planned depreciation to $124,119.04 per month. How did the system arrive at this figure?
Depreciation method:
Straight line
Full Year

Hi,
Based on NBV $14,515,800.35, minus Credit Memo $1,110,942.92, you got $13,404,856.43. The useful life is 108 based on NBV. So you get new planned depreciation to $124,119.04 per month.
Thanks,
Gordon

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Depreciation calculated on credit memo is more than its own value

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We have noticed that the depreciation calculated on credit memo is more than its own values.
please refer the screen shot below:
24.05.2010     108,044.64     120     Goods receipt     108,044.64-     0     USD
24.05.2010     108,044.64     120     Goods receipt     108,044.64-     0     USD
24.05.2010     108,044.64     120     Goods receipt     108,044.64-     0     USD
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Thanks a lot..

Hi,
Here are the details:
Depreciation start date:21.11.2004
Operating readiness: 23.12.2004
Asset value date: 16.08.2010
useful life: 01 period
Kindly tell me know in case you need further info
Thanks..
Edited by: FI User on Oct 21, 2010 9:47 AM

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Hi experts,
I really do not understand how Credit Note is working in this add-on.
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Dr                                                                                Cr
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Hi Gordon,
I thought this account was for Credit Note purposes but it wasn't.
So, for 1st scenario I tried putting 110000 and then I made a Credit Note without Vendor thought of debiting back depreciated amount into my fixed asset account and crediting the depreciated amount in my depreciation account. The result was unfavorable, it worked out the same way as I did for depreciating my assets:
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510000 - Depreciation Account                     110000 - Fixed Assets Account
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Hi Gordon,
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Is the Fixed Assets Add-on in SBO compliant with IAS 16 in terms of revaluation of an asset.

Hi Karl,
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Fixed Asset Add-On in India
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thanks
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Edited by: Johnson Zavier on Feb 19, 2009 11:10 PM
Edited by: Johnson Zavier on Feb 19, 2009 11:20 PM

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Dear Experts,
Previously, fixed assets was managed manually in an excel sheet and depreciation was calculated manually in the excel sheet.
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However, I have problem with the current year accumulated depn figure. When I run depreciation for Jan-Feb, the figure does not tally with the GL balances as at 28.02.2011.
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Hi Joyce,
I understand the issue you are facing is that
accumulated depreciation for current year as at 28.02.2011(calculated by Fixed assets addon) = $325.54,
but
accumulated depreciation for current year as at 28.02.2011(calculated by excel)= ($5,859 x 33.33%) / 12 x 2 = $325.47
you want to know how system calculate the accumulated depreciation as $325.54?
in order to make it clear,
please let me know how did you define the FA master data,such as the net book value,useful life,remaing life and so on.
Please check the FA master data->general tab and calculation tab,as it is not possible to attach the screenshot to show the relevant data,please log a SAP message for the further assistance.
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Dear friends,
Please help me to do this by personalization or extension. This is very important for sustaining in my job. Please post your thoughts as soon as possible.
Thanks so much for your help and support.
Here is the scenario:
In credit memo request page, I need to add a new item.
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Fixed Assets Add-On: Depreciation Calculation After Credit Memo

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