Hi Experts
My client wants to change dep. calculation method from WDV to equal distribution of dep. in no. of years.
Till 31/3/08, assets were depreciated with WDV calculation, now after 1/4/08, client wants to change it to Pro Rate calculation, like dep. should be calculated eaqually in no. of years of life of assets.
for example :
assets purchased on 20/3/08, life of asset 3 years value of asset 75000
Fiscal year April to March
dep. calculation shoule be Rs. 25000 in first year ending 31st March-2008
Rs. 25000 in second year ending 31st March-2008
Rs. 25000 in thrid year ending 31st March-2008
Kindly advise how to customize, dep. key to have above results.
Rg
Vijay Puri
9871515683