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Former Member
Jun 24, 2015 at 01:35 PM

Change in depreciation calculation

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Hello,

Currently, my client is using monthly depreciation (calculating and posting on a monthly basis) but now they want to do it on a daily basis (i.e. calculating daily posting monthly). For this I have created a new depreciation key in which I have ticked "Depreciation to the day" check box. When I assign this depreciation key to the existing assets, the depreciation amount calculation is not happening correctly. However, when I create a new asset and assign this depreciation key, then it is calculating depreciation correctly.

Please let me know how to resolve this issue?

Regards,

Vineet