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I am also facing exactly same problem But I beleive smoothing/ catching is meant only FOR DEPRECIATION for the year and would work for posting of depreciation WITHIN THE PERIODS of a FY and hence, the effect of change in life on the already closed asset years will not be considered. If you have got any solution, please let me know.
-Vinit
| | | ---------------Original Message---------------
From: Girgireh
Sent: Thursday, June 25, 2009 2:00 PM
Subject: Catch-up depreciation
My question is where do I make the settings in IMG for catch-up and smoothing options in deprectaion if I change the life of the asset during its useful life? Here is what I need:
An asset which started a useful life of 25 years was deprciated for 2 years, but then it proved that the asset life was 15 years. I need to have the undeposted depreciation to be posted in the period in which I changed the life of the asset (catch-up depreciation) rather than have it posted over the remaining life of the asset (smoothing)
Thank you in advance |
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