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Change Useful life of an expired asset

wwc0220
Participant
0 Kudos
935

Hi All,

There is a case that out user want to post additional value to an expired asset. And also want to increase it's useful life for extending one year.

Information below is the expired asset

Additional value 2196.87 has been added to the asset, and our user expect the depreciation amount = 2196.87 / 12 = 183.0725 (12 months ). How can I get this result and how to change the asset? I try to change the depreciation start date to the month of adding this additional value. And update the uselife to 1. Unfortunately, system will reverse previous posted depreciation amount and then recalculate it from the new depreciation date. It is not our expected result.

Accepted Solutions (0)

Answers (2)

Answers (2)

sumesh_gupta
Active Participant
0 Kudos

Hi, Please create Asset subnumber for new value aquired, that way it will support.

Regards,

Sumesh Gupta

Mark_W
Product and Topic Expert
Product and Topic Expert
0 Kudos

Try adding a new time interval will the new UL.

Regards
Mark