Changing the Useful Life of the Asset 

Procedure

  1. Call up the transaction as follows:
    2.

    Menu Path

    Accounting ® Financial Accounting ® Fixed Assets ® Asset ® Change ® Asset

    Transaction Code

    AS02

  2. Enter the following data:
    3.

    Field

    Data

    Asset

    2105

    Company code

    1000

  3. Choose Depreciation Areas.
  4. In the Usfl life column, increase the useful life of the asset for the following depreciation areas from 10 to 15 years.

    5. · 01 (Book deprec.)

    · 02 (Spec.tax dep.)

    · 30 (Grp lc.crDEM)

    Do not change the useful life for cost accounting.

  5. Choose .
  6. To display the changed planned values, choose Asset values and . You see the last fiscal year. The planned depreciation has now changed to 8,506.69 EUR for the year 2000.
  7. To see the changes to the posted values, choose the Posted values tab page. In the next posting period, the system will adjust the depreciation of the already posted periods. In the remaining periods, the system posts the appropriate period values.
  8. To display the values of the closed fiscal years, choose twice .

    9. The planned depreciation in 1999 is still 12,760.31 EUR, and corresponds to the amount posted. You cannot make any adjustment as this year has been closed for Asset Accounting. The same applies to the years 1994 - 1998.

    You therefore need to post a write-up in 1999 for these 5 years.

  9. Choose twice.

Result

The useful life of the asset has been changed. The depreciation for the current year has been changed automatically and will be adjusted by the next depreciation run.