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Former Member
Dec 05, 2011 at 06:00 AM

Depreciation calculation

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Dear All,

I have an asset acquired on 07.10.2011 with a useful life of 5years. Depreciation to be calculated on straight line method. My requirements are:

1) In the 5th year, the entire remaining value should get depreciated(ie 100% depreciation)

2) Since the asset was aquired on the 10th of the month, the depreciation should be calculated from 10th July onwards.

How should I configure the depreciation key to achieve the above mentioned criteria.

Thanx

Rosalyn