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FI-AA: Period Factor for Depreciation Calculation

Hi Experts,

In our case currently the Period Factor for 1 month out of 12 months is saved as 0.08300 (i.e.1/12). Since the value of assets are very high, we want nearest approximation so as to get the nearest value of depreciation. For example, in this case ronding like 0.0833333 instead of 0.08300.

How can this be achived? Please help.

Thanks,

Bijay

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  • Posted on Jan 03, 2014 at 01:24 PM

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