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Dec 30, 2020 at 05:33 AM

Asset Depreciation at the time of Asset disposal

216 Views Last edit Jan 11, 2021 at 08:54 PM 2 rev


Currently if asset is disposed till 14th of a month, depreciation is calculated only till previous month.

If asset is disposed on 15th or later, depreciation is calculating for full current month.

The requirement is, if asset is disposed on 15th, depreciation needs to be calculated only for 15 days. Kindly help on this.