Fixed Assets - EBS (MOSC)

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Depreciating asset for remaining life after cost adjustment using STL method

edited Nov 8, 2016 4:00AM in Fixed Assets - EBS (MOSC) 2 commentsAnswered

we have a requirement to charge depreciation of asset for remaining life only based/ effective from revised cost using cost adjustment transaction.

Scenario:

Asset life = 5 years (60 months)

Cost

      14,320.00

Depreciation - Jun 2016

         
  238.67

NBV Jun 2016

      14,081.33

Cost Adjustment – July 2016

14,320.00

New NBV

      28,401.33

Remaining Life

59

Revised Depreciation / month

         
  481.38

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