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Fixed Assets Depreciation Calculation Declining balance method

Our requirement is to calculate deprecation from first day of financial year [1st April] if asset is purchase in first half year and from First day of second half year [1st October] if asset is purchased in second half year. Configuration is given below; please guide,

Also please advise, how Factor is to be calculated for assigning same in Depreciation Type Calculation tab. Whether useful life of Assets is linked with depreciation calculation in Declining balance method of depreciation

Configured as follows:

Posting period: April to March

Company details: Calculate depreciation By : Day

Depreciation Type:

Calculation Base: Monthly

Method: Declining Balance

Depreciation Convention: Acquisition è First Year convention

*Currently we are getting calculated depreciation amount on exact daily basis for First Year convention also.

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