Need your valuable inputs on the below issue.
Asset USD 100000 Capitalized on 01.01.2013, Prd Control meth= 01/01/02/02 depreciation SLV 10% is showing USD 833.33 for 2013, An Addition of USD 20000 made on 11.07.2013, now the planned depreciation picture is as below:-
Jan - June = 833.33
July = 2000
August - December = 1000
Now my concern is:-
Why the system is calculating July months Depreciation on half yearly basis (120000*10%/6)?
And why from August till December calculating flat on 120000 (120000*10%/12)?
Shouldn't it calculate the addition from July only?
Thanks in advance,