Skip to Content

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.



Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

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

    This message was moderated.

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.