Depreciation on remaining useful life

[former_member686872]

Hi,

My requirement is that if any addition made in existing asset the depreciation is not calculating on reamaining lfe.

for exp:  if asset is purchased in 2000 the useful life is 10 year. so in 2010 the asset value will be zero.

but if any addition added in 2005, the depreciation should calculate on remaining 5 years.

but system is not calculating properly.

stating the base method is take on % based. i have created one depreciation key with useful life.

after changing depreciation key also the calculation is showing wrong.

kindly help me to solve this issue.

Thanks in advance

[former_member686872]

Hi ,

I have attached my configuration doc.

kindly help me to resolve this issue

[pankaj_pandey2]

Hi

Don't put Base method 24 give 01. Also unchecked remaining useful life check box.

Regards

Pankaj

[Former Member]

Hi Preeti,

Thanks for your details document.

In your new depreciation key BD00, most of cofiguration is correct, except Base method.

Please choose another base method or change base method 1011 setting.

The Dep. Method currently is "Started percentage", please change to "Percentage from the useful life".

And, check the asset value again.

Regards,

Julie