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Tax Depreciation Calculation for Malaysia

Former Member
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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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Answers (2)

Answers (2)

former_member512971
Discoverer
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This message was moderated.

Former Member
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Hi Chandra,

Have you found the solution for this scenario?

Thanks