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Asset Depreciation

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Hi,

We have small issue with the depreciation calculation in the case of additions/modifications are made to the original asset. When the additions are capitalized the depreciation is calculated for the whole year. Say I capitalize the asset today then in the first month depreciation value indicate depreciation for the past 5 months also (Fiscal year start from 31.03.2008). but according to our policy all regular assets should start depreciation on straight line pro rata basis with full year depreciation on the month of acquired. I other world depreciation should start with the month of capitalization. How can we make the necessary changes?ple. help

regards,

Gayani

Former Member
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