Real Time posting of IT Depreciation

[Former Member]

Hello SAP Gurus,

My company is a Partnership firm and we want are maintaining Assets according to Income Tax Act, Assets are maintained block wise and Depreciation is posted real time using 01 - Book Depreciation Area as we want postings to GL's according to IT Act and 15 depreciation area is only for Reporting. We are facing issue when Asset is put to use for less than 180 days and more than 180 days. Can anyone please tell me how to overcome this problem.

Regards,

Kamesh.

[former_member221187]

Hi kamesh,

You can try assigning period control "04" to the dep key. It is also for calculating 50%

dep for purchases after half year.

Thanks,

G Rajendhar.