Asset depreciation process for the new added value

Yahoo Archive
1
If we link through parent/child where the total value of asset cost including child asset will show?
since the overirde cost is not updating the total cost of all child asset.

Thank you & Regards,
Deepa.M


________________________________
From: brychanwilliams <brychanwilliams@...>
To: vantage@yahoogroups.com
Sent: Wednesday, June 24, 2009 12:16:59 PM
Subject: [Vantage] Re: Asset depreciation process for the new added value





Hi

Sorry don't quite understand. What value to they the asset to be in jan 2018 . 0 or 200? If they want different decepreciation periods and end then create a seperate asset but you could link them through parent / child?

--- In vantage@yahoogroups .com, Deepa <deepait_10@ ...> wrote:
>
> Hi,
>
> In Epicor 9.04.503B, In Asset management, according to our client requirements, Asset process will be as follows:
> 1.Creating new asset eg:Lathe Machine in asset master which is purchased on 2008 jan, the value is 12000 and life period is 10Â years,
> 2.The deprectaion process(not only current year) is also started from jan 2008 for that asset, after one year the book value is 10800.
> 3. On jan 2009 the value for lathe machine is added and the value is 2000, So the book value is 12800,
>
> How to calculate the depreciation with the added value?
>
> Actually the client wants to the see the depreciation process for the asset started from 2008 jan with the book value 12000 should be calculated for the whole life period.
> and also they want to calculate the deprectaion process for same asset with added value (book value 12800), should be calculated again seperately for the life period of the asset.
>
> Kindly advice me the steps for the above depreciation processes.
>
> Thank you & Regards,
> Deepa.M
>
>
>
>
> [Non-text portions of this message have been removed]
>







[Non-text portions of this message have been removed]
2
Hi,

In Epicor 9.04.503B, In Asset management, according to our client requirements, Asset process will be as follows:
1.Creating new asset eg:Lathe Machine in asset master which is purchased on 2008 jan, the value is 12000 and life period is 10Â years,
2.The deprectaion process(not only current year) is also started from jan 2008 for that asset, after one year the book value is 10800.
3. On jan 2009 the value for lathe machine is added and the value is 2000, So the book value is 12800,

How to calculate the depreciation with the added value?

Actually the client wants to the see the depreciation process for the asset started from 2008 jan with the book value 12000 should be calculated for the whole life period.
and also they want to calculate the deprectaion process for same asset with added value (book value 12800), should be calculated again seperately for the life period of the asset.

Kindly advice me the steps for the above depreciation processes.

Thank you & Regards,
Deepa.M




[Non-text portions of this message have been removed]
3
Hi

Sorry don't quite understand. What value to they the asset to be in jan 2018 . 0 or 200? If they want different decepreciation periods and end then create a seperate asset but you could link them through parent / child?

--- In vantage@yahoogroups.com, Deepa <deepait_10@...> wrote:
>
> Hi,
>
> In Epicor 9.04.503B, In Asset management, according to our client requirements, Asset process will be as follows:
> 1.Creating new asset eg:Lathe Machine in asset master which is purchased on 2008 jan, the value is 12000 and life period is 10Â years,
> 2.The deprectaion process(not only current year) is also started from jan 2008 for that asset, after one year the book value is 10800.
> 3. On jan 2009 the value for lathe machine is added and the value is 2000, So the book value is 12800,
>
> How to calculate the depreciation with the added value?
>
> Actually the client wants to the see the depreciation process for the asset started from 2008 jan with the book value 12000 should be calculated for the whole life period.
> and also they want to calculate the deprectaion process for same asset with added value (book value 12800), should be calculated again seperately for the life period of the asset.
>
> Kindly advice me the steps for the above depreciation processes.
>
> Thank you & Regards,
> Deepa.M
>
>
>
>
> [Non-text portions of this message have been removed]
>