Fully Depreciated Assets 
Fully Depreciated Assets
If the asset is fully depreciated, then there is no need to further calculate depreciation amounts in the bookkeeping area. If only the residual value (10% of the acquisition value) of the asset remains at the point of the old data takeover in FI-AA, a uniform depreciation amount of residual value can be calculated over 3, 4 or 5 years depending on which one the individual company chooses as the additional depreciation period.
Machine A Acquisition cost 10,000,000 Won
Acquisition date 1980.1.1
Useful life 9 years
Residual value 1,000,000 Won
Net book value as of 12-31-93 1,000,000 Won
In this case, the following six options exist.
Additional depreciation amount allowed by the revised CTL:
Option: |
1 |
2 |
3 |
4 |
5 |
6 |
Year |
||||||
1994 |
333,000 |
250,000 |
200,000 | |||
1995 |
333,000 |
333,000 |
250,000 |
250,000 |
200,000 | |
1996 |
334,000 |
333,000 |
333,000 |
250,000 |
250,000 |
200,000 |
1997 |
334,000 |
333,000 |
250,000 |
250,000 |
200,000 | |
1998 |
334,000 |
250,000 |
200,000 |
Use one of the following pre-configured depreciation keys for the asset:
Option: |
1 |
2 |
3 |
4 |
5 |
6 |
Depreciation key |
KRL3 |
KRLA |
KRLB |
KRL4 |
KRLC |
KRL5 |
Enter 1980 as ordinary depreciation start date and the original useful life of 9 years. And enter 1994 as the change-over year in the asset master data (go to valuation -> double click on depreciation key).
Your company chooses to depreciate the remaining value over 5 years. In 1997, the old data takeover takes place in order to go live with SAP FI-AA. Enter KRL5 as depreciation key of the asset in the bookkeeping area, enter the first posting period of 1980 as ordinary depreciation start date and enter 9 years as useful life.