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Query on depreciation key configuration

Former Member
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Hi Experts

We have requirement to depreciate assets as below.

First 3 years asset will be depreciated at the rate of 20% per annum. At the end of 3 years, we need to evaluate every asset at that point in time to determine its remaining useful life. Remaining depreciation will be determined based on such evaluation. We will know the residual life of the asset only at the end of 3 years.

It would be of great help to let us know how to configure depreciation key for this requirement.



Accepted Solutions (1)

Accepted Solutions (1)

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It is possible to use the Change Over Method setting in the depreciation key. Perhaps, you can set it to change over at the end of useful life, or user-defined method can change the depreciation phase at the end of 3 years. At the change over condition specified by you, the system will automatically change to the next phase.

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