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

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
 

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

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

Thanks! Did you use this method all the way from the beginning or did you start off with Straight Line?

I have tested the set-up you suggested and it seems to work exactly the way I want.

Your help was very much appreciated.

Thank you!

/Johan