Hi.
I have a question relate to acquisition asset depreciation question.
Let me see if I can explain it correctly.
I have assets from an acquired company that I need to put into SAP.
Let say, asset 101 has original value of $10,000.
Original asset depreciation start date is 1/1/14.
My capitalization date is 3/1/16 (acquired date).
Useful life is 5 years.
For depreciation area 01 (book depreciation), I can add what the value is as of 3/1/16 and it calculate depreciation correctly, but I have an issue with Federal Tax (area 10) depreciation.
Tax department wants add original value of $10,000 for fed tax area and original depreciation start date.
We are using depreciation key Z200 (200% declining balance to straight line - HY).
When I add original depreciation start date to 1/1/14, it does only depreciate 3 more years (2016, 2017, 2018), but it doesn't calculate depreciation
based on last 3 years of calculation, but based on first three years of calculation.
Does anyone have idea how I need to do this, so that depreciation for tax area will calculate correctly?
Thank you.
John