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Issue in Asset

former_member187322
Participant
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Hello Experts ,

We are facing issue regarding expired useful life calculation.

As per my understanding the  ex useful life of the asset should be based on ordinary dep start date i.e (from 01.09.2013) it should be 2 yrs 10 months .

But the system is calculating as 2 yrs ,4 months.

Is it calculating the Exp UL from any other date.

Please help me on this.

Thanks in Advance

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Answers (1)

Answers (1)

former_member187322
Participant
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Hello Team,

i want to know the logic of calculation of EXP UL.

Thanks.

Former Member
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Hi Ajith,

Expired useful life is calculated with respect to the depreciation start date.

In the above example -

Dep. Start - 09/01/2013

@ 12/2013 - 4 Months

@ 12/2014 - 1 Year 4 Months

@ 12/2015 - 2 Year 4 Months

Also refer to the below link explained by Bernhard K. about the calculation of expired life, it's excellent and much easier to understand.

Expired useful life | SCN

Hope it helps. Thanks.

BR, Jaymin R. Bhatt

former_member187322
Participant
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Hi Jaymin,

Thanks for this ,@2016  till date ,the values will not be calculated in Expired  Useful Lifr.

Thanks.

Former Member
0 Kudos

Hi Ajith,

Execute AW01N for the same asset code and the Parameter tab would have the expired useful life. Change the Fiscal Year in AW01N and you would be able to see that the Expired Useful Life is getting changed in the same pattern.

Thanks.

BR, Jaymin R. Bhatt