Change asset useful life
The user has raise request to change the asset useful life eg. from 5 to 10 years.
After performed the useful life update in AS02 (The system will calculate the net impact of the deprecation in next month depreciation run, eg May 2011). However, how can we resolve to back posting to 01.01.2011. Currently the depreciation has run up to period Apr 2011.
Which method is preferred?
1) Change the useful life in the asset. The system will calculate the net impact of the deprecation in next month depreciation run.
2) Perform an write up (ABZU) to the ordinary depreciation and then change the useful life in the asset master ?
What is the correct way to do the depreciation posting ?