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May 31, 2011 at 01:13 PM

AFAB Depreciation posting correct total wrong period split

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We have a problem with the period value of depreciation for new acquisitiond during the year.

Depreciation settings :-

Straight line % from useful life using NBV

Period controll all set to 11 (next month)

Annual depreciation is being calculated correctly but is being spread over one extra period

Example

10000 acquisition in Feb, asset value b/f at start of year 15years 9 months - 177 periods

Depreciation for year on new acquisition = 10000/175 (177-2 to start in March)*10 = 571

Period values displayed and posted = 51.94 ( 571/11)

Any ideas?