how to calculate depriciation
Hi
Please find here below details . I doubt whether the depreciation is calculated correctly . Please any one let me know whether the below deprn which is coming as 13.89 is correct or not ...
Cost
1,000.00
Date in Service
31-Jan-11
Prorate Date
1-Jan-11
YTD Deprn
13.89
Accum Deprn
13.89
NBV
986.11
Fiscal Year
Mar to Feb
Current Open
Period
11-Jan
Life in Months
54
Please help ...
0