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Asset Depreciation - Asset assigned to Projects

Received Response
edited Aug 7, 2020 5:13PM in Project Management 5 comments


Asset Depreciation - Asset assigned to Projects - Tracking Depreciation in Project Costing


Requirement: Fixed Assets is shared across multiple projects. Depreciation is run in FA module. We want to track the depreciation as one of the project costs (in addition to the labor, other overheads costs). 

Q.1. I plan to use asset distribution set to distribute the depreciation cost into multiple projects. Is there a way to transfer these costs to Project Costing module? If this is not a standard functionality, what are the options to achieve this?

Q.2. Please also do share your views on option other than asset distribution set to allocate the depreciation cost of an asset to multiple projects.

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