OOB Calculation logic of Existing and New Asset in Capital Planning
Would like to know the high level logic of calculating Existing Asset and New Asset in Capital Planning.
I have added the existing assets from FA Module to Capital, trying to calculate the Depreciation of Assets.
Would like to know the calculation logic of Asset for below scenario.
- If the Asset Purchase Date has exceeded the Useful life in years, will it calculate deprecation/will not calculate deprecation for the Asset
- If the Asset Purchase Date is equal to Useful life in Years , will it display the deprecation value /Salvage Value of Asset.
Kindly provide your suggestions, Attaching the current Existing Asset list.