Prorate Convention in Tax Book

 11.5.10.02

Hi all

If i change the prorate convention for my tax book to a separate one from the Corporate book, what will be the changes for the assets in the Tax book with this new Porate convention? Will it change the depreciation calculation of the existing assets or will it only affect the assets added when the change was made.

This is the case, my current prorate depreciation starts deprepreciation assets in the month of addition, however, I would like to change this to allow the prorate convention to start depreciating the assets at the beginning of my financial year. So if an assets is added in the middle of the financial year that assets would start depreciating at the start of the financial year.