Hello everyone I want to know something about depreciation calculation on fixed asset.
As we know the the calculation for Straight line method is :- Total value of asset / Useful life = Depreciation value
But here in sap we uploaded some legacy asset data which Acquisition date - 20.12.2001
Take over date in SAP :- 01.04.2014
Total life of the asset is - 25 years
Life expired - 12.1 years
Total value of the asset- 39655119.11
Accum. Depr. of that asset- 34426880.92
Net block is - 5228238.19
System is calculation depreciation as per Straight line method.
So if we'll calculate depreciation for remaining 12.9 years then the depreciation value per year-
5228238.19 / 12.9 = 405289.78
But here in SAP the system is showing different value for depreciation .
So can you please let me know that how system is calculating depreciation in SAP??
Here I have given some screenshot for your better understand.