Hi Experts,
I want to create a depreciation key which calculates depreciation as per SLM but the calculation should be month wise not year wise.
Example:
Asset useful life = 5 Years.
Asset value = 1,46,93,293.00
Acquisition on 20.07.2012 (9 months in current year)
This asset must be fully depreciated by Jun-2016 ( 3 months in last year)
I tried this with depreciation key LINA (standard depr.key) and when i see asset explorer (AW01N), system displays result as follows:
Planned depreciation for the year 2012 from period 4 - Rs 2,57,777.00- per period till period 12.
When i see "Comparisons" Tab value, i found the depreciation value as follows:
Means system has calculated depreciation for proportionately for remaining 4 years (2013 to 2016) whereas system should calculate depreciation for the year 2016 only for 3 months i.e. till june.
Please suggest how to create depreciation key to solve this issue.
Thanks
RKS