Change in Depreciation method

[Former Member]

Hi,

As per the recent changes in the Companies Act, we have to changes depreciation method in SAP. In this regards I need your suggestions. First of all I explain you the new method of depreciation prescribed in Companies Act. As per the new method they define useful life of the asset instead of the rates. Now we have to depreciate 95% of the assets value in useful life given in act. Now the formula should be as below:

(WDV of assets as on 1.4.2014 minus 5% of the original value of assets)/(useful life given in new act minus already used period)

If we follow the above formula then we have to make change depreciation method for each assets. So please examine the above requirment and let us know, how we can implemented the above changes in SAP.

Regards,

Thirusenthil Kumar.L

[former_member205041]

Hi,

1) If you make some changing's in the depreciation key it will effect al assets with this key and all open fiscal years.

2) If you change the depreciation key or the useful life in the asset master data you have to make the changing in each asset. Therefore you can make a mass change.

best regards Bernhard