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Former Member
Oct 07, 2008 at 01:16 PM

Depreciation

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Hello All,

I am facing the problem that when i am calculation depreciation fro asset the book depreciation is calculated on monthly basis i want it on daily basis how it can be done.

Income tax is calculated on 6 months basis.

i want Income tax dep if asset is created today and if asset capitalised date is falls in greater than 180 days then system should suppose if i create aset on07.10.2008 means 180days of this year passed then system has to calculate the income tax depreciation for whole year. but it is calculating for 6 months.

what to do.