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[sap-acct] New Asset Depreciation Calculation and Form 4562

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Question from JPM on Jul 24 at 9:22 AM
This is the first end of FY that we have had the new calculation depreciation active in our SAP 6.0 system. We are trying to pull information on assets for our tax dept. We operate in the US and have to submit a Form 4562 which needs to show depreciation changes due to increased/decreased value of assets. In the past we used the Asset Transaction report because it showed for each transaction the amount of ordinary depreciation that was calculated for that transaction(addition or decrease in asset value). Now with new depreciation it does not calculate based on the individual transaction but we still need the information to complete the required form. Has anyone else encountered this and if so, where did you get the information?

Thanks for any help you can provide.
 
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