Skip to Content
author's profile photo Former Member
Former Member

Daywise Depreciation Calculation

Dear All

I have to do daywise calculation of depreciation.

The system is calculating the same for the whole month despite the fact that Asset is being capitalized on the date lying in the mid of the month.

Eg. If the date of Ordinary Depreciation start is say 19th January, than the system must calculate the depreciation for remaining 13 days of January. Rather than doing this, depreciation is being calculated for the whole month of January. We want it to be calculated exactly at the day level. What should I do for this?

Thanks and Regards

Diwaker Sharma

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

  • Posted on Nov 22, 2007 at 12:21 PM

    hi Satish,

    start transaction AFAMA, double click the depreciation key, you want to change to and there is a checkbox 'Dep. to the day'. Tick that checkbox and the depreciation will be calculated day wise.

    hope this helps

    ec

    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.