Expired useful life

[Former Member]

Any idea how the expired useful life is calculated in asset master. For some assets I see 14 and 20 in the period column. it is confusing why the period column has more than 12 periods

[former_member188826]

That represent the days.

[Former Member]

How is it calculated as it does not match with the expired life I calculate.

What is the purpose of having days in expired useful life. i don't see it matching with the value substracted from depreciation start date and the beginning of the current fscal year.

Thank you

[former_member188826]

Unusual, Are you seeing it in the book depreciation area ord.dep start date?

Have you done fiscal year change?

[Former Member]

i got this clarifed. it is taking it in half periods until the beginning of the year from the dep start date.

So if the expired useful life is 3yrs and 4 months it would say 3 yrs and 8 in period column.

range of 000 to 365 for the periods is probably used when depr is calculated on a daily basis.

Also there are alot of OSS notes regarding half periods but none of them are clear.

Thanks