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IT Depreciation

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Hi All,

 

Need some input on the error I have attached. I want to calculate IT depreciation for group asset however, I know this concept is no longer there. As per my client requirement I have to calculate depreciation as per Income tax.

My problem is I am configuring the dep key normally similar to normal depreciation key but when I am creating the asset master and putting the "ordinary depreciation start date" and hitting enter, the IT depreciation is removed from the IT dep field and useful life depreciation key is placed.

Can anyone help me  to assign the depreciation key so that I can run the scenario in my development. I have also attached the screen shot for  your reference. You can see in the first screen that the IT dep. is being replaced by useful life dep in the second screen shot.

Also please let me know if I am require to go for group IT dep concept or I am going in the righ path.

 

Thanks a lot in Advance!!!!

 

Regards:

Jamshed Khan


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