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Urgent- Fixed Asset config settings for Depreciation calculation.

Hi All

I have requirement,

<u>Current setting in AA:</u>

System calculating depreciation from beginning of fiscal year for additional asset.

<u>Requirement:</u>

System should calculate Depreciation from date of acquisition of additional asset.

<b>Example:</b>

I have acquired asset ABC on 1st Jan, 2007 with 1000000 $

Additional asset ABC is posted on 1st July 2007 of worth 200000$

right now system calculating depreciation for the whole year for both values.

we need, depreciation on 1000000$ for full year and on 200000$ for 6 months.

fiscal year Jan to Dec

Please let me know, what are configure changes I need to do.

Thank you in advance.

S Habib Pasha.

Former Member
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