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Former Member
Apr 22, 2009 at 10:03 AM

Why Asset last mth depreciation spread across 12 mths in the last year

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I have a strange behaviour with assets having the last mth depreciation spread across the entire 12 mths in the year.

Acquisition Date: 01.02.2007

Useful Life : 2 yrs

Acquisition cost: $45,887.06

Monthly straight line dep is $45887.06/12 = $1911.96

Last dep should be in Jan 2009

However for 2009, the last dep amt of $1911.96 is spread across 12 mths depreciation, each month planned dep amt $159.33 with Jan, Feb & March depreciated posted each as $159.33 and next 9 mths planned at $159.33/mth.

What should I change in my configuration to ensure that in future all assets will post the last month dep amt fully in the last mth of their lifespsan instead of distributing the dep amt 12 mths in the last yr.

Is this something to do with smoothing or catch up method? or multi-level?