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Retirement Convention

Received Response
edited May 22, 2020 8:46AM in Assets 2 comments


Hi Team, 

Is there any way to create retirement convention so that no depreciation will be calculated in the year of retirement. 

When we create the retirement convention in the below way it gives an error that a prorate date cant be in the last fiscal year. 

Fiscal Year = > April to March

Start Date = 01/04/2019

End Date  = 31/03/2020

Prorate Date = 31/03/2019 (Expecting that no depreciation will be calculated if the asset is disposed between 01/04/2019 to 31/03/2020)

Is there any other possible way?

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