Business Scenario The various Federal Tax statutes related to Asset Management require different depreciation methodology and estimated useful lives. Customers will require these depreciation methodologies and estimated useful lives to be in place for assets placed in service on an Asset Data Transfer from a legacy system. Business Issues Description The business issues are the incorrect depreciation keys and estimated useful lives will be defaulted in an Asset Data Transfer, since the SAP Asset Management system will follow the depreciation keys and estimated useful lives assigned for new asset. Thus assets transferred from a legacy system will require the appropriate depreciation key and estimated useful live, according to the asset class for the “vintage” per the US Federal Tax Regulations. Program Available to Resolve this Tax Compliance Issue Morning Star Business Consulting, Inc has developed a program to resolve this business issue related to providing the appropriate depreciation key and estimated useful live, as required by the US Federal Tax Regulations for Asset Management. Please contact Christopher Courter, President of Morning Star Business Consulting, Inc for more information via email at Christopher.Courter@morningstarbc.com or calling (281) 682-7032. | 