Extending useful life without automatic adjustments

[jeff_mayfield2]

Our Assets department would like to extend the original and remaining life of all assets but DO NOT want the system to automatically adjust depreciation; they want to adjust this manually somehow.

Is a change in useful life without automatic adjustments possible? The only thing I could think of is to temporarily change the GL account that is assigned for depreciation so at least all the adjustments would be gathered in different GL accounts for prior periods so the changes can be dealt with manually.

[Former Member · Accepted solution]

Can you give the details of depreciation key configuration details such as depreciation calculation methods, whether it is percentage base or on useful life, SLM or WDV etc.

So that we can look for option to create a new depreciation key with similar characteristics except useful life settings.

[MarkusBredel]

Hi,

you could change to a depreciation method which would NOT consider the useful life of the asset, such as stated percentage rate, or manual depreciation.

If your depreciation method is based on useful life (or remaining useful life) this would be contradictive if it wouldn´t change / be adjusted.

Regards,

Markus