on 07-30-2014 11:32 AM
Dear Sir,
We are using ECC-6.0 and in our present system for Depreciation calculation on WDV method , we have created various Depreciation for each % of depreciation rate . As per company act 2013 Scedule-2 , now depreciation has to be calculated based upon the equipment useful life .
We have following scenario :
Say Asset procurement value is Rs 50,000
Asset useful life is 10 years
Depreciation is on WDV basis
After 10th year , Asset residual value has to remain at 5% (i.e once Asset written down value reaches at Rs 2500 then no further Depreciation
should be charged)
Depreciation should be charged from beginning of month , it means if asset is capitalized say on 20.06.2014 then Depreciation should be calculated
from 01.06.2014
We request forum members to kindly guide me about the steps to be followed for configuring of depreciation key as per above scenario , here we shall not maintain any depreciation rate and it should be calculated by system itself based upon equipment life and last residual value .
With Regards
B Mittal
Hi Expert,
What will be the reason if ARO3 and AW01N depreciation balance is not matching, if we find the difference how we can adjust the difference.
Note asset got retired.
Regards,
Hemachand
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Dear All,
Problem Resolved.
SAP has released the note (2052506 - India: Companies Act solution effective from 01.04.2014 - New Depreciation engine) for the same.
Regards,
Rohidas Shinde
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Hi,
You can maintain the scrap value by cutoff value key or by maintaining the percentage in asset master depreciation area.
For the new solution given by SAP for WDV depreciation key if you maintain the scrap value in asset master then it's working fine. but same is not working in case of cutoff value key.
I have already raise a OSS for the same, will update onces SAP reply receive.
Regards,
Rohidas Shinde
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Hi Rohidas,
Your depreciation behavior is not WDV it is SLM.
Hi B.V.
Define Multi level method with method 24.
Define cut off key in order to define scrap %. Assign this key to depreciation key.
Rest configuration is as shown by Rohidas.
Check the same system will show give you the desired result.
Regards
Pankaj P
Hi Pankaj,
I have created Depreciation Key as per you last post, but dep is calculated as per SLM only.
Dep value calculated is same in all years.
Multilevel Method
Depreciation Key
Asset Explorer - AW01N
Remaining Use full life 5 years & Residual Value is 5000.
=1-((5/100) ^ (1/5) ) = 45.072%
Net Book Value | Depreciation |
100000.00 | 45071.97 |
54928.03 | 24757.15 |
30170.88 | 13598.61 |
16572.27 | 7469.45 |
9102.82 | 4102.82 |
5000.00 |
Regards,
Rohidas Shinde
Hi Shinde,
we are going for new implementation , in this case i can calculate the values in excel and assign the new depreciation key in the new system. is it required to show the depreciation as of today with old rates in the new system, i feel i can directly assign the new dep key and it will calculate the values automatically.
for this i can use the base method 0004 and in multilevel method i can maintain 24-Net book value. i am getting the exact values with this....
Please suggest any changes required
Rgds,
Naru
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