cancel
Showing results for 
Search instead for 
Did you mean: 

New Assets Held for Less Than 180 Days

Former Member
0 Kudos

Hi

Can any one give some suggestions foe following issue.

New Assets Held for Less Than 180 Days

If you purchase an asset less than 180 days before the end of the fiscal year (financial year), depreciate it at half of the normal rate of depreciation.

For example, on 1 October 2011 its coming less than 180 days so according Indian income tax we have to pay half of depreciation again next year its continue full depreciation.

If asset purchase on 01.12.2011 Rs.250000 at rate of 10% for 5 years useful life.

*1ST year 250000 x 10/100 122/366 = 8333.33/2 only this amount need to change remaining year constant.

2nd year 250000 x 10/100 12500

3rd year 250000 x 10/100 12500

4th year 250000 x 10/100 12500

5th year 250000 x 10/100 16666.69

How to default setting this requirement

the system handles this requirement by taking half the acquisition cost and calculating depreciation on that.

We tried using bellow shown BADI. We are not able meet our requirement.

FAA_DC_CUSTOMER

FAA_EE_CUSTOMER_NW

Regards

Accepted Solutions (0)

Answers (1)

Answers (1)

Former Member
0 Kudos

Hi ,

Can any one reply to this.

Former Member
0 Kudos

Dear Sudhakar Raja

were you maintain OAVH. here give your fiscal year variant & your period control in period place from oct to march give 6 only

Regards

shankar

Former Member
0 Kudos

Hi Shankar,

Thanks for your reply .

as you said i have maintained in OVAH.

regards

phani ,

former_member188028
Active Contributor
0 Kudos

Hi,

Please go to AFAMA and select your depreciation key

check what is the period control method

then go to AFAMP

here maintain period control values for acquisition/additions/retirement/transfers

Rgds

Murali. N

Former Member
0 Kudos

Hi Murali ,

Thank for your reply ,

i already followed those steps , My ECC version is Ehp 4 , is it available in Ehp4 .Please let me know .

Regards

Sudhakar.,

former_member188028
Active Contributor
0 Kudos

I think you are mixing two points here.

System should not calculate for 122 days, it calculates for 180 days.

If you don't want to calculate like that then activate depreciation to the day in AFAMA, then it'll calculate for 122 day for first year and 365 days for remaining years.

Rgds

Murali. N

Former Member
0 Kudos

HI Murali ,

I have tried all possibilites , Is there any thing related to version . because i am using ECC 6 Ehp4 . is this future is available in ECC 6 ehp4 .Can you suggest me .

Regards

Former Member
0 Kudos

Can any one suggest for this Requirement.

Regards

Former Member
0 Kudos

Dear Sudhakar Raja

were you maintained in AFAMS acqusition year 2011 & year 0 & give percentage 50

Then Go to AFAMA select your dep key. Add spl dep in that

Ex Base methd 0027

Declin bal methd 001

Prd contl methd 003

multilvel metd - you method

Regards

shankar