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Answered

Difference Between YTD and LTD in the screen shot.....

Posted on by 6,825

Also i assumed assets life one year and it is showing remaining one year 

Acquistion Date is 1-1-2014

year end 31-12-2014

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  • zulfi721 Profile Picture
    zulfi721 6,825 on at
    RE: Difference Between YTD and LTD in the screen shot.....

    Thx Soma....

    Now it is  very well cleared............

  • Verified answer
    soma Profile Picture
    soma 24,406 on at
    RE: Difference Between YTD and LTD in the screen shot.....

    Please have a look on the below example:

    LTD - Life to Date Depreciation (With including current year as well, means YTD).

    YTD - Year to Date Depreciation

    Example:

    First depreciation:
    YTD  = $1000
    LTD = $1000

    Next year depreciation:
    YTD  = $1000
    LTD = $2000 (previous balance+current YTD)

    Third depreciation:
    YTD  = $1000
    LTD = $3000 (previous balance+current YTD)

    Similarly happens for all the years.


    Hope this helps!!!

  • zulfi721 Profile Picture
    zulfi721 6,825 on at
    RE: Difference Between YTD and LTD in the screen shot.....

    LTD depreciation Means.........Life to Date depreciation

    and

    YTD depreciation means.....Year to date........

    i want to know that will LTD figure include this years depreciation mean YTD figure

    or LTD is simply  opening Accumulated dep balance

    and YTD is this years depreciation

  • zulfi721 Profile Picture
    zulfi721 6,825 on at
    RE: Difference Between YTD and LTD in the screen shot.....

    Experts help to resolve the issue related to fixed assets

  • Romryan Profile Picture
    Romryan on at
    RE: Difference Between YTD and LTD in the screen shot.....

    reference

    community.dynamics.com/.../88271.aspx

  • zulfi721 Profile Picture
    zulfi721 6,825 on at
    RE: Difference Between YTD and LTD in the screen shot.....

    4061.AB1.PNG

    The above screen shot shows my Asset general information and Asset book.....

    Now when i set YTD and LTD as 1000 

    it gives the above message and doesnt allow me save.........

    Can somebody point out the mistake being made.........

  • zulfi721 Profile Picture
    zulfi721 6,825 on at
    RE: Difference Between YTD and LTD in the screen shot.....

    suppose if i assume that

    Asset acquistion date:1-1-2014

    Fisacl year end 31-12-2014

    Asset cost =10,000/-

    Depreciation rate=10%

    Depreciation Method=Straight line...

    useful life=10 years

    Salvage value=nil

    clearly my depreciation for this year will be 1,000/-

    Book value of the asset would be 9,000/-at the year end

    Here

    YTD=1000------------means depreciation from 1-1-2014...Fiscal year start

    and

    LTD=1000------------mean depreciation from acquistion date... i.e. 1-1-2014

    Am i conceiving correctly.......

  • L Vail Profile Picture
    L Vail 65,269 on at
    RE: Difference Between YTD and LTD in the screen shot.....

    Sorry, I went down the path of why the error message popped up. I believe the answer to your question is that you have to enter the LTD depreciation yourself. The system will not go back and calculate it for you. It will calculate YTD, but not the beginning balance for LTD.

    Kind regards,

    Leslie

  • zulfi721 Profile Picture
    zulfi721 6,825 on at
    RE: Difference Between YTD and LTD in the screen shot.....

    Thx Soma...

    do i have to manually calculate these figures and write over here.............

    System will not calculate depreciation for me........

    suppose if i assume that

    Asset acquistion date:1-1-2014

    Fisacl year end 31-12-2014

    Asset cost =10,000/-

    Depreciation rate=10%

    Depreciation Method=Straight line...

    useful life=10 years

    Salvage value=nil

    clearly my depreciation for this year will be 1,000/-

    Book value of the asset would be 9,000/-at the year end

  • Suggested answer
    soma Profile Picture
    soma 24,406 on at
    RE: Difference Between YTD and LTD in the screen shot.....

    YTD Depreciation

    Displays the amount of depreciation calculated for this asset book since the beginning of the fiscal year.

    LTD Depreciation

    Displays the amount of depreciation calculated for this asset book since the date the asset was placed in service. The amount in this field includes the year-to-date depreciation amount.

    Hope this helps!!!

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