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Jun 24, 2010 at 07:09 AM

Depreciation continues after the use life ending


Hi Experts,

My customer have begun July, 2007 acquisition with the depreciation from the

same month, and this asset use life is 3-years.

It should end use life in June of 2010 but at the monthly depreciation,

the depreciation continues until August.

I have suggested the customer to change the base method to 0016,

from JPS7 in phase 2, but it contradicts with the note 1057539.

Could you please give me some suggestion?