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Not consider Sales proceeds in case of dep. for assets put to use < 180 days in Tax Book

in Assets 1 comment

Summary:

Hi,
So we have a condition from user to calculate depreciation on basis of this formula
Dep = (Opening WDV + Addition Put to use <180 days) * (half dep rate)
We have performed the scenario and Asset Block is considering Sales proceeds at time of retirement without taking into consideration number of days asset is put to use.
Sales proceeds - Cost is reflected in negative at block level as Dep. basis amt.
Please suggest Is there any way to not consider Sales proceeds in case of calculation depreciation for assets put to use for less than 180days in Tax Book.

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