Re: BPCS-L Digest, Vol 2, Issue 118

["David A Parnin" <daparnin@xxxxxxxxxxxxxxxxxx>]

Thanks for the response!

I was beginning to wonder if there was anyone out there.  The answer to #1
makes sense, except I still am not sure about tax periods.  If an asset is
setup say in January but only depreciates 1/2 year the first year, then do
you count 6 periods or 12 periods of depreciation the first year?

Dave Parnin
Nishikawa Standard Company
Topeka, IN  46571
daparnin@xxxxxxxxxxxxxxxxxx




                                                                                
                              
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                      PM                       Subject:  Re: BPCS-L Digest, Vol 
2, Issue 118                  
                      Please respond to                                         
                              
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In a message dated 5/28/2004 1:00:20 PM Eastern Daylight Time,
bpcs-l-request@xxxxxxxxxxxx writes:
My questions are:
1)  Can anybody explain The Last Depreciable Element?
2)  Does the table have to have an actual life defined?
3)  Is it tied to the asset life?
4)  How well does BPCS handle taxes for fixed assets?

1) The Last Depreciable Table element is unique by asset based on the
acquisition date.  I believe the format is YYPP.  On the first depreciation
period of
the asset, the value for this field would be 0101 (year 1, period 1).  If
the
asset was acquired on May '03, the value of the field in May 04 would be
0201
(year 2, period 1), in June '04, it would be 0202 (year 2, period 2).  All
of
this is assuming that that asset is depreciated every period in a 12 period
year.

2) The actual life is YYMM format.  In a 5 and a half year table the value
would be 0606.  The value MM represents the number of periods in the last
year.

3) The table actual life is not necessarily tied up to the asset life, but
the life on most tables assigned to assets will match.

4) If you mean depreciation based on tax rules, BPCS handles it pretty
well.
The only problem is that SSA does not keep up with new tax rules,
therefore,
you would need to create your own depreciation tables to conform to any new
rules.
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