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Jun 12, 2018 at 05:47 AM

How to Configure ​180 days depreciation as per IT act in SAP Business One Version 9.2 PL10

170 Views Last edit Jun 13, 2018 at 03:18 AM 3 rev

180 days depreciation as per IT act.

Hi, I want to post 180 days depreciation ( If I acquire asset - Computer which has the depreciation value as WDV40% from April to September it should calculate full year depreciation and if I purchase after 180 days, it should calculate depreciation for 180 days i.e if the computer is purchased between October to march then the % depreciation must be calculated is 20% on 6 months as per IT Act.

Which means even if the asset is purchased on march 1 then the depreciation to be calculated is for 6 months on that asset and the % must be half.

I have tried using the Acquisition in WDV Type as Half Year and Sub-Acquisition as Half Year Convention.

Please suggest me a solution to this issue.

Note : Depriciation Type is of Written Down Value.