on 07-01-2016 11:19 AM
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
Hello Team,
i want to know the logic of calculation of EXP UL.
Thanks.
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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.
Hope it helps. Thanks.
BR, Jaymin R. Bhatt
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