Fixed Assets - EBS (MOSC)

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Update Asset Life from 25 Years to 35 Years and Depreciation setup

in Fixed Assets - EBS (MOSC) 5 commentsAnswered ✓

We have thousands of Assets with Life 25 Years, and we are going to extend it to 35 Years, and the Depreciation method is STL

Asset Cost: 19240

Life: 25 Years

Place in Service: 01-JUL-2000

NBV: 705

Whenever we update the Asset life 25 Years to 35 Years: the NBV will update to: 60001.and YTD Depreciation -5039

Requirement is:

When update the Asset life from 25 Years to 35 the remaining 10 Years Depreciation will be calculated only remaining NBV 705 (not recalculate for entire life)

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