on 01-14-2015 6:29 AM
Hi,
We have asset where we have mentioned Depreciation calculation start date 08.12.2008 and useful life 4 years and at the time of asset transfer entry user entered 01.04.2012 as asset value date. Now system calculating depreciation on the basis of asset value date.
As per business system considering incorrect base date for depreciation calculation.
Now my query is how system consider depreciation start date for calculating depreciation amount.
Regards,
Nilesh
Hi Nilesh,
Depreciation start date will determine from period control method of the dep.key. Check the period control method for the dep.key.
Regards,
Mukthar
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Hi Mukthar,
Thanks for your reply.
I have check period control in our depreciation key. We have configured "Zoo" as period control which is 01/01/01/01.
Now my understanding is system will consider value date (which is entered at the time of data entry) as base date for dep. calculation. System will not consider dep. start date which is mentioned in the asset master.
Can you confirm whether my understanding is correct or not.
Regards,
Nilesh
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