Dear All Experts,
I am configuring AA. I got below requirement from user that :
1 ) In Income Tax Depreciation if asset has been purchased in first 6 months it is to be depreciated with 20 % rate (For those 6 months only ).
2 ) And if it is purchased in next interval 6 months it is to be depreciated with 10% rate (For those 6 months only ).
3 ) And later on it is to be depreciated with regular rate.
How can I configure this in asset accounting ? If anybody has gone through the same issue please guide or provide some kind of inputs. It will be great help for me.
Regards,
Revati Joshi.