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Fixed Asset Shut Down ! ! !

Client Requirement: stop depreciation for some of fixed asset for maybe 3 months,it means no depreciation posted to those fixed asset during the period of shutdown.

Solution:

Go for shut down approach. But your depreciation key should allow shut down.

Check your depreciation key configuration

In asset master data - Go to time dependent terms,

Define the appropriate time interval for shutdown - Set the shutdown indicator

The system does not calculate the depreciation for the shut down period,

The useful life of the asset will increase to the extent of shutdown period.

When you remove the shutdown indicator, system automatically resumes the depreciation calculation.

1 comment:

  1. Does it require to change the configuration in AFAMA for asset shutdown. or it will sifficient to set date interval and activate the asset shutdown in asset master

    ReplyDelete

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