Monthly Depreciation Calculation on NBV (Declining/Diminishing Value Method)

 Hi,

I need to calculate depreciation for Assets on their NBV (Cost - Accumulated Depreciation) for each month i.e. there will be a new NBV for each month and a flat rate of depreciation will be applied on this NBV. I could not locate a seeded Depreciation Method for the same. Hence, I have setup a depreciation method with the following setups:

Method Type - FLAT

Calculation Basis - NBV

Depreciable Basis Rule - USE TRANSACTION PERIOD BASIS

However, this Depreciable Basis Rule calculates depreciation on NBV only at the beginning of each Financial Year. It does not calculate monthly reducing depreciation amount. Can someone please advise on ways to achieve this requirement?