What is remaining useful life in SAP SRD-FIN-FA - FIN-Fixed Assets?

SAP Term: remaining useful life

• Component: SRD-FIN-FA

• Component Name: FIN-Fixed Assets

• Description: The rest operating service life of a fixed asset for the purpose it was acquired.

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• Key Concepts: 
  Remaining useful life is a term used in SAP Fixed Assets (SRD-FIN-FA) to refer to the estimated amount of time that an asset will remain in service. It is calculated by subtracting the current age of the asset from its expected useful life. 
  
  How to use it: 
  In SAP Fixed Assets, remaining useful life can be used to determine when an asset should be replaced or when it should be depreciated. It can also be used to calculate the depreciation rate for an asset. 
  
  Tips & Tricks: 
  When calculating remaining useful life, it is important to consider factors such as the condition of the asset, its expected usage, and any changes in technology that may affect its usefulness. 
  
  Related Information: 
  For more information on remaining useful life and other SAP Fixed Assets terms, please refer to the SAP Help Portal.