Skip to Content
0
Former Member
Jan 23, 2013 at 01:08 AM

Depreciation Calculation

15 Views

We created an asset depreciation key with base method as Explicit percentage 12 and assign percentages in multi-level method as mentioned below:

9999 1 00 01 14.29

9999 2 00 01 24.49

9999 3 00 01 17.49

9999 4 00 01 12.49.

Now when we are using this depreciation key to calculate the depreciation who's depreciation start date is 12/10/2012 the depreciation is calculated from October which is right. But instead of depreciating 14.29 percentage for the first year(ie 2012) it is dividing the 14.29 in 12 months and depreciating only 3.57 percent that ie just for 3 months. We want it to depreciate the the whole 14.29 percent for the 1st year regardless of when it was purchased. Can anybody help me??