Hi All,
I would require an input on the below requirement.
There is a requirement to extend the Depreciation period of an Asset.
Please refer the Assets details below.
- Asset Acquisition date : 05/01/2006
- Estimated Life : 20y 00m
- Depreciation Started Date : 05/01/2006
- Depreciation End Date : 4/30/2026
- Business Expectation is to Extend the Depreciation of the Asset till 10/31/2029 (Roughly by another 3 years and 5 Months)
- Acquisition Value : 21,0721,168.00
- Depreciation Value per period : 878,006
Depreciation Method
The business expectation is to have the same depreciation value (878,006) through out the extended period, until (10/31/2029)
Assistance on this would be really appreciated.
Thanx in Advance.
Razan
