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OOB Calculation logic of Existing and New Asset in Capital Planning

Summary:

Would like to know the high level logic of calculating Existing Asset and New Asset in Capital Planning.

Content (required):

Hello All,

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.

  1. If the Asset Purchase Date has exceeded the Useful life in years, will it calculate deprecation/will not calculate deprecation for the Asset
  2. 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.

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