on 07-23-2010 6:04 PM
Hi Guys,
We have a requirement to calculate Tax Depreciation for Malaysia with reference to the Capital Allowance.The scenario is like this:
For Asset Class say Office Equipments Initial Allowance is 20% and Annual Allowance is 10%
That means depreciation will be calculated @20% on the acquisition value immediately upon acquisition for one time. Again depreciation @10% per annum will be calculated on the acquisition value for the entire useful life of the asset from the date of acquisition.
Example: Asset is capitalised at MYR 10,000 on 1.1.2010
First Initial Depreciation would be: 20% on 10000= 2000
Annual Depreciation for 2010 would be : 10% on 10000= 1000 and this will be same for next 8 years.
Depreciation Method is SLM
In this case changeover should happen within the year.
Can you please suggest how to create a depreciation key in SAP for this.
Early respponse would be appreciated.
Regards,
Chandra
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Hi Chandra,
Have you found the solution for this scenario?
Thanks
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