Urgent- Fixed Asset config settings for Depreciation calculation.
I have requirement,
<u>Current setting in AA:</u>
System calculating depreciation from beginning of fiscal year for additional asset.
System should calculate Depreciation from date of acquisition of additional asset.
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.