Fixed Assets - EBS (MOSC)

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Daily Depreciation for Thailand

edited Mar 1, 2010 2:48PM in Fixed Assets - EBS (MOSC) 5 commentsAnswered
 How do we configure FA for depreciation in Thailand. The requirements for this country are based on life of 5 years where there are 365 days in a year and the asset starts depreciation on the day in service. So if the asset was in service on 15-Jan-2010 the first months depreciation would be based on the remaining16 days in January, 28 days in February, 31 days in March and so on. So 1825 days later the asset would finish depreciating.

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