+2I 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!
Best answer by JJäthing
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
+11Hi 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
+2Hi,
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
+11See 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
+11Just 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
+2Thanks! Did you use this method all the way from the beginning or did you start off with Straight Line?
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