Depreciation not showing correctly
We are facing the below mentioned scenario in asset management
For example : We purchased one asset on 01.04.2011 for Rs.10000 @10% depreciation(SLM)
while checking in ASW01N, it shows the depreciation details as follows
It is showing the planned depreciation for March(3rd period )also instead of 4th period .
Note : Depreciation amount calculating correctly but it is dividing for 10 periods equally instead of 9 periods
So my question is that ,
How system considering 3rd period for depreciation since we purchased the said asset on 01.04.2011?
Please let me know where we went wrong?
Thanks in Advance
Praveen P C
Edited by: Praveen Chirakkel on Jun 7, 2011 9:04 AM