Different depreciation start date with same asset class

[wwc0220]

Dear All,

Is it possible that set different depreciation start date to the same asset class. As I know, asset class can be utilized by different company code. And there is different requirement from two company code. One want to start the depreciation from current month when they purchase the asset from current month, and the other want to start the depreciation from the next month.

And it is controlled by the period control method, and the period control method is assigned to the depreciation key.

I have two depreciation area for this asset class, the first one will be post in real time. And the second one will not post.

How can I set two different depreciation start date for two company code? Or I have to create another asset class to meet this purpose?

[Bohdan]

Hi wwc0220,

That's an interesting question. I did not worked much with asset accounting lately, but I guess the important question is this: Do both company codes reside in the same country ? Why is this important. As you correctly mentioned, the start date of the depreciation is controlled by the period control from depreciation key. Normally these settings are not discretionary decision, but are controlled legally per country. So if legislation in the country says that the depreciation should start in the next month following the purchase of the asset, you do not normally have a choice in both companies are in the same country.

If both company codes are in different countries, you can control these assignments on chart of depreciation level. Check out the settings in the transaction OAYZ. As you can see from the screenshot above, it is possible setup default depreciation keys per chart of depreciation & per depreciation area.

As a result: you can ensure that all company codes use the same default depreciation keys / period controls for group accounting purposes, while allowing them to address their local legal requirements with regards to depreciation calculation / posting. That's what the settings per deprecation area are for.

Regards,

Bohdan

[wwc0220]

Hi Expert,

Yes, both company in different country. That's why we need to set two different depreciation start date for the same asset class.

So what you mean is that I need to create another chart of depreciation for separating the asset in two different country.

And assign another depreciation key and period control method base on the COD in order to meet the requirement. Please correct if I am wrong. Thanks.

[Bohdan]

Hi wwc0220,

Yes, you're right. If the companies are from different countries, you need to define new chart of depreciation anyway to address country specific legal requirements including depreciation start date. Then for each asset class you'll need to define country specific (i.e. chart of depreciation specific) settings accordingly.

Regards,

Bohdan