Posted by [IP Address: 63.193.195.13] 'PS' on September 20, 2001 at 15:17:56 EST:
Hi,
Trying to use the Unit-of-Production method for one asset class - Vehicles. Here's the plan:
1. Update a field in the Asset master with the current mileage or the mileage change for that month.
2. Using the unit-of-production method, the depreciation for each vehicle will be calculated differently.
3. The total mileage possible (e.g. 100,000 miles) will be entered in the IMG under Financial Accounting>Asset Accounting>Depreciation>Ordinary Depreciation>Define Unit-of-Production depreciation.
However, I am not able to find a field to input the updated mileage, so that the system can calculate depreciation.
Any ideas out there?
Thanks.