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Depreciation for shared Fixed Asset

  • December 19, 2024
  • 2 replies
  • 41 views

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Is it possible to set up a Fixed Asset in IFS Cloud where the depreciation is split between two cost centres when depreciation is run.

We have a large asset whose usage is shared between 2 cost centres (code_b). Ideally, we would like to have the depreciation spread between the two when we do a depreciation run. Is this possible?

Or do we have to create 2 assets. 

Best answer by Furkan Zengin

Hi ​@taenaren 

You can create a distribution rule on the preposting tab to split the depreciation cost among different cost centers or code parts.

You can see a sample below.

 

Hope this helps

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2 replies

Furkan Zengin
Superhero (Partner)
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  • Superhero (Partner)
  • 695 replies
  • Answer
  • December 19, 2024

Hi ​@taenaren 

You can create a distribution rule on the preposting tab to split the depreciation cost among different cost centers or code parts.

You can see a sample below.

 

Hope this helps


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  • Author
  • Do Gooder (Customer)
  • 14 replies
  • December 19, 2024

Superb! Thank you.


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