2 Replies Latest reply: Aug 26, 2011 10:33 AM by Prince Lim RSS

Change Asset Expired Useful Life

Hanny Ali
Currently Being Moderated

Dear Guru,

 

I transfer an asset to new asset, this data for new asset :

Useful Life : 3 year

Expired Useful Life : 1 year 9 months

Remaining Life : 1 year 3 months

Acquition Date / Transfer date : 29.02.2008.

 

Depreciation for new asset begin in Feb 2008.

When I display Asset Explorer (AW01N), I choose 2009, the screen shows :

Useful Life : 3 year

Expired Useful Life : 2 years 9 months

Remaining Life :  3 months

 

Why Expired Useful Life in 2009 shows 2 years 9 months not 2 years 8 months ?

Whereas in 2008, depreciation was posted from Feb - Dec 2008 ( 11 months)

 

How to change Expired Useful Life if depreciations have been posted?

 

Thanks before.

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