Special/Bonus Depreciation

Hi,
There is one asset on which special/bonus depreciation is applicable say @50% each year. Depreciation is calculated at the end of year. Both ordinary dep and special dep. are calculated correctly.
Now there is further acquisition in the next year to the same asset. At the end of 2nd year, when the depreciation is calculated, ordinary dep is calculated correctly but no special dep. is calculated.
The company is using declining bal. method.
What can be the error. Can anyone help me out.
Regards.

Hi
Acq yr. 2010 / no. of yrs 1,
Acq yr 2011/ no. of yrs 1,
Acq yr 2012 / no. of yrs 1,
With the settings that you have done above - you have told the system that for the Acquisitions done in 2010, Spl Dep is to be calculated for only 1 year.... Same for 2011 and 2012....
Thats the reason system is not calculating it in the 2nd year and onwards... If you want it to be calculated, Change the 1 to 2 or desired no of years.. If you enter 999, then it will be calculated each year and every year
br, Ajay M

Similar Messages

Russian Bonus Depreciation

Hello,
For the Russian bonus depreciation we have tried to follow the configuration steps according to note 944927 but the configuration entry for the last step (Customizing for Financial Accounting -> Asset Accounting -> Information System -> Country-Specific Functiond -> Russia ->Investment and Improvements) is missing in our IMG. The highest installed Support Package is SAPKH60006.
Allthough we have tried to configure new depreciation keys for the bonus depreciation, this only works in association with linear depreciation methods. If we use non-linear depreciation methods the system calculates incorrect annual depreciation values.
Thanks in advance

Hi,
You don't need to create a special depreciation key for MACRS depreciation. If you are using the US depreciation chart, the key is already there. You do, however, have to set the calendar to the correct dates. But the standard depreciation key M200 works just fine. If you are not using the US depreciation chart, copy it in a testing environment and pull up depreciation key M200 in tx AFAMA and copy it from there. In this case, you would also have to adjust the calendar. I hope this helps.
Regards,
E.

Bonus Depreciation for the year 2010

Hello Gurus,
I need to configure for the bonus depreciation based on the newly enacted US law 2010. The requirement is, for the asset purchased between 3rd Jan 2010 through 07th Sept 2010, the bonus depreciation need to be calculated @50% as special depreciation. The balance need to be depreciated as ordinary depreciation for 2010 and the remaining periods. For the assets purchased between the period 08th Sept to 31st dec 2010, the bonus depreciation need to be100%.
Please let me know the step by step configuration that need to be done for:
1. Depreciation key M20S.
2. The base method to be maintained
3. The multilevel method
4. The period control method for depreciating the values for the above mentioned dates
5. The bonus depreciation need to be calculated only for 2010 and should not be calculated for 2011 and onwards.
Also please let me know if there is any SAP note for 2010 Bonus depreciation calculation
Thanks in advance.
Best Regards,
Sri

Hi Sri,
please check the OSS notes 1316999 and 1148489 in relation to your issue.
Please make sure the config is as per the note.
Maybe the following links are useful:
http://help.sap.com/erp2005_ehp_05/helpdata/EN/ec/bb6055ddbf4db2bc8ae129f0faab61/frameset.htm
http://help.sap.com/erp2005_ehp_05/helpdata/EN/95/24f5e1b4f743658d7f3cbffe708904/frameset.htm
http://help.sap.com/erp2005_ehp_05/helpdata/EN/ba/66a5ec7bbf4060a8eb0eee29e6b565/frameset.htm
http://help.sap.com/erp2005_ehp_05/helpdata/EN/8a/f5bbe8692943328f7cb6ee4b3cf344/frameset.htm
regards Bernhard

Full Bonus Depreciation irrespective of DPIS

Hi All,
We want the Full 50% Bonus Depreciation to be taken for the first year irrespective of DPIS, we want this only for Bonus Depreciation and not for the actual Depreciation for an asset having STL Depreciation Method, so we do not want to change the Prorate Date.
Is there any way to achieve this other than using unplanned or override depreciation. This link Re: How to Calculate Initial Depreciation Allowance for Assets? looked very relevant but the solution is not outlined. Please need your help and advise
Thanks,
Sarvesh

Hi All,
Please need your Invaluable inputs and advise.
Thanks,
Sarvesh

Bonus Depreciation for subsequent acquisitions in 2010

Hi all,
We have done bonus depreciation for 2010 and 2011 aand its working fine but for one scenario.
Assets acquired in 2009, had bonus depreciation calculated for 2009. But when there is subsequent acquisition in 2010, its not calculating bonus depreciation for the 2010 acquisitions. We are not using any sub asset concept but are adding to the original asset.
Please let me know how to ptoceed ahead.
Thanks a lot in advance,
Sajan

Hello Jay-R
I have the same question the multi level method maintained as below
My requirement is I need 50% reduction on the asset addition therefore for the year 2015 it should be 500 in reduction since there is 1000 addition to the asset. Please provide me your input on how I can achieve this.

Bonus Depreciation

11.5.10.02
Hi all,
I need your input from you experts. My tax laws required for a 20% bonus depreciation in the first year along with the regular monthly depreciation. However, when the asset is place in service the middle of the year the application doesnt calculate the full 20% bonus depreciation in stead it is porate among the remaing months left in the financial year.
Ho do I set the my Tax book to allow for full 20% to be calculated on the assets no matter which period in the finanial year the asset is in service?
Please your ideas are more than welcome.

Well, the only thing I can think of is to look at the bonus depreciation rule assigned to the asset. Maybe the wrong rule has been assigned to the asset? Or the rule has been set up incorrectly? You would really have to supply detailed information about the bonus rule setup in order for us to give you any good responses. Otherwise we are merely speculating, which means you could be off chasing down dead end alleys and not figuring out the issue. There is no proration involved in the bonus depreciation rules window, but you do define a from year and a to year. So maybe from year is 1 and to year is 2? Don't know. Could be possible that you have run across an Oracle programming error. If the bonus rule looks ok, I would suggest reporting this to Oracle support.
John Dickey

Bonus depreciation Economic Stimulus Act of 2008 for FY Apr-Mar company

Dear SAP expert,
I tried to apply bonus depreciation by referring SAP note 1148489. But in some cases, I have a problem.
Our company's fiscal year is Apr.-Mar. Not Jan.-Dec.
I registered a test asset of acquired on 3/31/2008(eligible bonus dep.) and assigned depreciation key which is configured for the bonus depreciation to the asset in the master data. But when I tried to assign the dep.key, system shows error message.
Another case, asset acquired on 4/1/2008, system looks working properly.
I guess the system needs different configuration if company fiscal year is Apr.-Mar.
Could anyone help the above issue?
Yoshi

Thank you for your comment.
Is it multi level method? If so, I tried both 2008 and 9999. But it did not work same error(E651 SYST: Depreciation key ZTX1 is incorrect).
The definition is the following.
Acq.Year:2008
Years:0
Per:1
BaseVal.:01
Percent: 0.0000
Rem.Life: blank
Reduc.: 50.0000
Our system version is 470 Enterprise.
Yoshi.
Edited by: yoshiaki tsujii on Jun 11, 2008 11:17 PM

Bonus depreciation valid till 2010

Hi gurus,
I am still learning AA. I got business requirement to make bonus depreciation valid till 2010 where right now it is valid till Jan 2009. Please advise steps that need to be done to extend the bonus depreciation. <Please do not solicit points for answers >
Edited by: Arun Varadarajan on Mar 10, 2009 9:13 AM

Search the blogs. Nathan Genez wrote explicit instructions on how to configure depreciation keys that will calculate "bonus" depreciation for the U.S.

Bonus depreciation provisions -Asset Acconting

Hi,
I am configuring Assset Acccounting in my current project.I have one issue...Please clarify...
1.Where bonus depreciation provisions apply(50% allowance u/s 168K) - will they apply to all assets of the particular asset class.
2.please suggest me how and where to configure this?

Usha,
Please start a new thread. don't steal this one.
Thanks,
-nathan

Special tax bonus depreciation

Hi,
I am working on SAP 4.7. Has any one of you worked with Special tax depn in USA (30% and 50%). SAP note 505069 is not working as per requirement. With the depreciation keys M20S, ordinary and special depreciations are calculated correctly in the first year. From the second year, the ordinary depn is not calculated on NBV/remaining useful life for each year. Absolutely, there are no useful notes in SAP nor the documentation available. If some one of you worked on this, kindly advise.
Raghu

Hi Scott,
Try recalculation through Asset Explorer AW01N ( using the claculator like icon)
If this gives you the right dep amount you are looking for, you can save the rec-calculation from Asset Master AS02.
Regards
Sachin

Special depreciation

Hello All,
for 2 of assest special planned depreciation allready got posted (but not passed to GL) Now i want to reverse special depreciation only . Is it possible kindly advice me
Thanks & Regards
Phaneendra

Hi
What do you mean special depreciation got posted? Special depreciation should just be a calculation for tax books. So once you change the settings on your depreciation key and recalculate depreciation, the change should reflect on the asset master.
Thanks,
Zaid

Special depreciation config

Dear all,
as per income tax, if we buy a new asset before september, the depreciaiton should be 10% and if we buy a new asset after september, the depreciation should be 20% in the first year.
Can anyone say in detail how it can be done in SAP? it would be good if anyone send me configuration steps for this process.
Will award good points.
Thanks in advance,
A.Anandarajan

Special Depreciation
Special depreciation represents deduction for wear and tear on an asset from a purely tax-based point of view. This form of depreciation allows percentage depreciation, possibly staggered within a period allowed by the tax authority, without taking into account the actual wear and tear on the asset.
There is no special configuration for Special depreciation, just indicate "S Special tax Depreciation" as value in Depreciation Type (V_T090NA_1-AFATYP)
This depreciation is customized as any other depreciation key.
Rgds
Philippe

Special depreciation config and user manual

Dear all,
Please send me the steps in configuring special depreciation.Also please send me user manual for it.
Will award good points.
Thanks & Regards,
A.Anandarajan

Special Depreciation
Special depreciation represents deduction for wear and tear on an asset from a purely tax-based point of view. This form of depreciation allows percentage depreciation, possibly staggered within a period allowed by the tax authority, without taking into account the actual wear and tear on the asset.
There is no special configuration for Special depreciation, just indicate "S Special tax Depreciation" as value in Depreciation Type (V_T090NA_1-AFATYP)
This depreciation is customized as any other depreciation key.
Rgds
Philippe

Can we run Bonus depriciation in 2009

Hi gurus,
our client did not run special bonus depriciation becasue system was not configured. Can we move those changes in 2009 and run special depriciation now.
we are at 5.0 and EA-FIN is activited. full point will be assigned to quick and correct answer. please if some has same scenerio and if had resolved that.
thanks
chander

See for bonus depreciation the wiki
/people/nathan.genez/blog/2008/03/06/calculating-bonus-depreciation-for-2008-fixed-assets-part-1
/people/nathan.genez/blog/2008/03/25/calculating-bonus-depreciation-for-2008-fixed-assets-part-2

Different book for bonus depriciation.

Hi Gurus,
can we set up different book for bonus depriciation or can we create new depriciation along with 1, 10 etc.This is about the law allowed special bonus depriciation asset acquired after 2007 and before 2009.
points will be assigned to right answers.

Hi Shiva,
I will follow following steps and correct me if i am wrong.
1- create new depreciation book with reference to book 10
2- assign assets to new book named special bonus deprecaition.
3- Assign depriciation keys as required per law
4- follow other steps as mentioned in WIKI
5- finally run depreciation using new depriciation area
please confirm it if it is correct so that i can go ahead and do it.
Thanks a lot.

Special/Bonus Depreciation

Similar Messages

Maybe you are looking for