Fixed assets depreciation method not working correctly

Summary:

Hi Team,

We have defined several depreciation methods for flat rate(related to declining balance method for INDIA tax books) which it seems that it is working fine until we try to depreciate an asset for 3 years and for e.g. we start de depreciation in OCT-21 and it should be fully depreciated at the end of Sep-24(based on the assigned depreciation method to the asset). It seems that after Sep-24, it still posts some additional depreciation for other months(depending on the case, it could be for 2 months or more).

The idea is if we create an asset and start depreciating it from APR-21, MAY-21…….SEP-21 the system calculates correctly the depreciation for them and does not post any additional depreciation after 3 years.