How to skip depreciation Calculation for one year
I got requirement from One of My Client.
Fixed Asset Value: 100000
Useful life: 10 years
Per year depreciation: 10000
Asset Purchase date: 01.04.2014
Depreciation posted up to: 31.03.2015
Depreciation not required from date: 01.04.2015 to 31.03.2016
Again Depreciation Start date: 01.04.2016 based on life of the asset.
Question: As per above information From period 01.04.2015 to 31.03.2015 not required any depreciation posting for this we assigned Asset shutdown in asset master data. if deselect the asset shut down check box again it considering for depreciation.
As per my scenario we don't want whole one year depreciation.