+2
I wonder if anyone could please help me figure out if there is a way to change the rate of depreciation for a fixed asset object that has been depreciated (straight line) for a period of time. See examples below.
Please note that after the break-point I would like the object to be depreciated with equal amounts every period and end up at 0 precisely at end of life.
Thanks in advance!
+9
Hi Johan!
I suspect you are using the Simple Straight Line Beginning of Period depreciation method.
Did you try just to alter the specified depreciation Life on the assets?
/Jonas
+2
Hi,
I have tried a number of different parameter settings without any success.
The problem is that the system does not take into account the amount that has already been depreciated when I change the life span. In the following example I have an acquisition amount of 12000. The initial life is set to 1 year. After two months of depreciation I extend it’s life to 2 years. See below. Instead of 500 per month the last 22 months, I would prefer (12000-1000-1000)/22=455 per month, since after two months of depreciation the book value is 10000 and the remaining life is 22 months. 1000/22=455
/Johan
+9
See below how my current customer has set it up. They have the same scenario as that you are trying to achieve:
They are on APPS10 UPD 11
+9
Just tried a test in that customers database and it works as you want it to - the amounts are updated so that the residual posting at end of life is only a rounding. The original lifetime is not changed.
/Jonas
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
