Re: Depreciation Calculation for closed Fiscal year?

Hi Shrkant

I tried in my system today for the same issue.. Below are the findings

Option 1

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  1. Created Asset - AS01./ Dep Key LINR / Useful Life 1 Year

  2. Posted Asset Acquisition - F-90 (Doc Date / Posting Date = 01.05.2014) - 120000 USD

  3. Depreciation per month shows as 10000 USD from May 2014 onwards till Apr 2015

  4. Changed the Dep Start Date to 01.11.2013 (Nov 2013)..

  This changed the planned depreciation  - for the month of May 2014 to 60000 i.e. Depreciation from Nov 2013 to May 2014  -

  From June onwards as 12000 till Oct 2014.. In short, the Dep Per month has changed from 10000 USD to 12000 USD and the asset perfectly depreciates to ZERO in Oct 2014 i.e. exactly in an year i.e. as per the useful life Let me know if this is what you were looking for

  Option 2:-

  Do ABNAN for this asset as mentioned above by Kavita

  Br. Ajay M