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Reg Leap Year Depreciation Calculation

Dear Experts,

Issue: The depreciation caluclation amount is same for 2011 and 2012, although the 2012 FY is Leap Year.

We are using factory calender year every quearter divided in to 5, 4, 4 WEEKS with 364 days. Next year 2012we are going in to leap year so my total days is 371accordingly my quarter Q4 2012 divided in to

4Q12: Oct(5weeks) /Nov(4weeks)/Dec(5weeks), its 98days

4Q11: Oct(5weeks) /Nov(4weeks)/Dec(4weeks), so it's 91days,

We are using DEP KEY ZSTL with below parmaeters

Dep Type : ORD Depreciation

Phase : From Start of Depreciation

BAse Method : 007

Type of Depre : Ordinary Depreciation,

Dep Method : percentage from the useful life,

Dep aft pln useful life : Yes

Dep below NBV ZERO : NO

CURB : NO

Decline Balnce Method : All ZERO

Period Control : 11, 11 , 01, 11

Validity Start Dtae: From ORD DEP start Date

Base Value : Acquisiton year

Kindly help to awnser the above query. How i can change the depreciation to be calculate based on LEAP year i.e. based on number days in as period.

Thanks & Regards

*************************

Kumar

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1 Answer

  • Posted on Dec 13, 2011 at 11:44 AM

    Hi Kumar,

    Kindly check below notes:

    1583705 AA 662 when you create/post to/change a fixedAss. in leap yr

    1591124 Depreciation to the day is not correct in the last year

    1552650 Wrong depreciation to the day by start at the end of year

    1561780 Wrong expired life by depreciation to the day

    164174 Incorrect depreciation start date with February 29

    regards Bernhard

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    • Dear Bernard,

      Thank you so much for your prompt reply.

      I would like to inform you that, i have not choosen the "Depreciation to the Date" option in the depreication key. When i check the "disply depreciation calculation" button in the AWO1N for FY2012 it is showing the number of days as 371 but the total depreciation calculation amount is same as previous year. for FY11 the number of days is 364

      Please help me on this.

      Thanks & Regards

      ***********************

      Kumar

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