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Former Member

Asset Depreciation - Depreciation to the date + Percentage from useful life

Hi Asset Accounting Experts,

I have a business requirement for depreciation as follows in depreciation calculation.

Aquisition Month : Depreciation to the date

remaining Months : Straight Line Depreciation - Ordinary: percentage from useful life

Retirement Month : Depreciation To the date

Eg: Aquisition value = 12000 Useful Life 10 years i.e Depreciation per month 100

Asset Aquired in 20.01.2009 (Period 1)

Retired in 12.04.2009 (Period 4)

Depreciation should post as follows

Period 1 - 100*11/31 = 35.48

Period 2 - 100.00

Period 3 - 100.00

Period 4 - 100*12/30 = 40.00

I would really greatful if someone can help me on this.

Thanks in advance.


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  • author's profile photo Former Member
    Former Member
    Posted on Dec 22, 2009 at 05:16 AM


    How the system had to calculate the depreciation...

    As you said it has to calculate day wise (Depreciation to the day)

    How about the percentage %

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  • Posted on Sep 01, 2013 at 09:07 AM


    You can define this in your depreciation key.

    Check depreciation to day check box. System will calculate the depreciation from date of capitalization if you have define multilevel method , depreciation from capitalisation date. Also choose base method depreciation from useful life. Define life in Asset master , post the entry and check the depreciation behaviour.

    Check with this system will post the depreciation as per your requirement.


    pankaj Pandey

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