Remaining life 3 in general tab, no of month in depreciation tab is 4mos

Question

Hi Experts,
Iu2019m trying to upload the data below. After uploading the Monthly depreciation should have been 328.33 in 3 mos.
When I check the uploaded data the monthly planned depreciation is 246.25 = 4 mos but the remaning life is still 3mos
We are using Net book value divide by remaining life, and the depreciation will start next month after depreciation.
Is there any way to tally the remaining life with the no of planned depreciation?
Inventory Number;Item Code-;Description;Short Description;Capitalization Date;Vendor Code;Vendor Name;Serial Number;User01- pic & Dept;User02-  with or wiout warranty;User03;User04;APC;Quantity;APCHist;Depr 01;Depr Start date 01;Useful Life 01;Remaining Life 01;Depr Type 01;Ordinary Depr 01;Unplanned Depr 01;SpDpKey1 01;SpDpAcc1 01;SpDpKey2 01;SpDpAcc2 01;SpDpKey3 01;SpDpAcc3 01;Depr 02;Depr Start date 02;Useful Life 02;Remaining Life 02;Depr Type 02;Ordinary Depr 02;Unplanned Depr 02;SpDpKey1 02;SpDpAcc1 02;SpDpKey2 02;SpDpAcc2 02;SpDpKey3 02;SpDpAcc3 02;Depr 03;Depr Start date 03;Useful Life 03;Remaining Life 03;Depr Type 03;Ordinary Depr 03;Unplanned Depr 03;SpDpKey1 03;SpDpAcc1 03;SpDpKey2 03;SpDpAcc2 03;SpDpKey3 03;SpDpAcc3 03;Depr 04;Depr Start date 04;Useful Life 04;Remaining Life 04;Depr Type 04;Ordinary Depr 04;Unplanned Depr 04;SpDpKey1 04;SpDpAcc1 04;SpDpKey2 04;SpDpAcc2 04;SpDpKey3 04;SpDpAcc3 04
D160010R10;D160010R10_001;Magic Sing;;2005-07-01;;;;;;;;19700;1;19700;100;2005-06-30;60;3;LINP;18715.01;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;
Ragards,
Amy

Answer 1

Hi,
From your text I can see that you have
capitalization date: 2005-07-01
start depreciation date: 2005-06-30
That does not make much sense to me, if the start depreciation is one month after capitalization date
your start depreciation date should be 2005-08-01
If I asume you starst Fiscal years on January and Year for Import is 2010 then:
You will calculate remaining useful life = 7 ( Total useful life 60 - 53 number of months counting from August 2005 until December 2009 included)
You should as well set the deprecited amount for the 53 months which is 17401 aprox, in filed Ordinary Depr 01
The system if you have decided 'monthly basis' will have equal parts for the rest on Net Book Value =2299 (Remaing NBV)/7 months
There are insteresting blogs on the subject : do search for Fixed Assets
Kind regards
Jose Antonio Castillo
SAP Business One Support