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Dec 13, 2011 at 03:11 AM

Reg Leap Year Depreciation Calculation

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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

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Kumar