Hello,
We have some assets that use half-year convention to calculate the tax MACRS.
For example:
Aquisition date 22.09.2009
Aquisition value 7,127 USD
Depreciation start date 01.10.2009
Use life 7 years
The table of depreciation percents:
Year 7 years
1 14.29%
2 24.49%
3 17.49%
4 12.49%
5 8.93%
6 8.92%
7 8.93%
8 4.46%
The depreciation method is declined balance and change over to Straight line according with the depreciation amount.
I tried to define the multi-level method using this table.
But I didn't receive the expected result.
By manual calculation, I must receive for the first year:
7127/7 = 1018 (depreciation amount per year).
Depreciation amount for OCT, NOV, DEC 2009 must be: 1018/3 = 339.38 USD.
But SAP calculate 1018*3/12 = 254.54 USD
Another problem is that the SAP takes in consideration the first year from OCT 2009 until SEP 2010 and is not correct.
Did somebody define the Half-Year convention MACRS in SAP?
Thanks in advance
Alina