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Mid Month prorate convention periods

edited Nov 10, 2026 6:02PM in Assets

Summary:

Asset should be depreciated half amount in the first month depreciation using Mid month prorate convention in STL method. So how to create the Mid month prorate convention what date we have to give as Prorate date? AND how to create the Prorate Calendar to assign the Asset book? Please see the attached Prorate calendar and Prorate convention periods?


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