Hello Guru,
Good day!
Could you please help me in my requirement.
Ordinary depreciation start date must be "start of the next period"
25% Declining method
Example
Year APC Ordinary Dep NBV
1 100 25 75
2 100 25 50
3 100 25 25
4 100 25 0
My problem here is that when I choose period control 11 "Next Month" I did not get the 25% full depreciation. Let say I acquire the asset on June, ordinary dep start date is July 01 but the depreciation is 25% of APC / period. I need full 25% depreciation. If I choose period control method "Fiscal year Start" I got the expected depreciation. But I need Ord dep start date be "Next Month"
How can I meet this requirement?
Thanks!
Jhero