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Prorate convention for addition and retirement

edited Oct 30, 2011 11:39PM in Fixed Assets - EBS (MOSC) 2 commentsAnswered
Hi,

I have seen companies use the same convention for both addition and retirement.  Have you seen a company that uses a different one?  For example, for addition you use Same Month but for retirement you use Following Month?  For tax book you have to follow the tax codes but for a corporate book is there any rule that prohibits a company from using different conventions?

Thank you,

Chris

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