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Former Member
Jun 30, 2016 at 05:04 AM

Triple shift dep value is not calculating correctly

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Hi experts,

I have a problem in triple shift depreciation calculation where it is not calculating correctly.

According to client the Dep should be calculated on the basis of rem useful life.

Suppose Net Book Value is Rs. 100 on 01.04.2015

Rem useful life is 10 year

So for the fiscal year 2015 the dep amount should be

Asset net book value x2.5

Rem Useful life

100x2.5

10

=Rs.25

Now the wdv =100-25=75

Dep for next fiscal year should be

Asset net book value x2.5

Rem Useful life

75x2.5

9

=20.833


But system is showing the Rs 25 dep for fiscal year 2016

I have configure the dep key as below



Depreciation Key Config:

I Made in below changes in the asset master:

and the asset register is not showing the correct dep value for fiscal year 2016

asset register



Attachments

dep key zint.png (161.8 kB)
asset master.png (154.1 kB)
asset register.png (74.9 kB)