Announcement:
wanna exchange links? contact me at sapchatroom@gmail.com.
Posted by
Admin at
Reply from Ranik on Apr 19 at 4:24 AM Hi Garry,
First of all thanks a lot for your time and help on this.
My Business needs to change the depreciation key from Sum of Year digit method to Straight line useful life method for the existing Assets.
The STR (Straight line method) is with effect from May 1st 2016.
Business requirement is as per new depreciation key the depreciation need to catch up in Q2 only.
Ex:- Jan to March 2016 depreciation has been posted 150 per month, for April 2016 planned depreciation value is showing 150.
May 2016 to until end of Asset useful life the monthly depreciation is showing as 100.
Now as per business requirement the depreciation excess value(150 as per Sum of year digit method-100 straight line method)=50 need to adjust in the month of May 2016(100-50excess value from April 2016).
So for May month planned depreciation need to show as 50. Means my business need to catch up the values(Excess values of April 2016 month) in Q2 only.
This is my business requirement.
Request you please help me ASAP.
Thanks and Regards,
Sujatha Kethineni
| | | ---------------Original Message---------------
From: Ranik
Sent: Monday, April 18, 2016 8:56 AM
Subject: Depreciation Needs To Catchup Excess Values Of April And May Months In The Month Of June
Hi Friends,
My Business required to change the depreciation key from SOY method to Straight line useful life method. Which is applicable from June 1st 2016(In Q2).
The depreciation key change need to adjust overall Q2'16 depreciation
costs, so no matter when it will be implemented or still in April or
June it still need to set whole quarter value to STR.
so even if we put in production this methodology in June, when April
and May were calculated and booked per current way of working
in June catch up for this 2 months need to be calculated.
Means if we implement on June then it should be catch up the April and
May month difference value in June month 2016. And it should not catch
up the 1st to 3rd Month 2016 (Q1)excess values.
Please check and provide me the solution for the above query.
Thanks in Advance.
Rani |
| Reply to this email to post your response. __.____._ |    _.____.__ |
