How to calculate amount of depreciation in case of add to assets
as follows
FA Book information
1. Depreciation Calendar:Monthly
2. Prorate Calendar:Daily
3. Divide Allocation:by Days
Ex) Depreciation Method : Method Type-Flat, Calculation bases-Cost, Rate-33.3%
Original Cost : 100,000
Added Cost : 10,000
amortization start date : 10-Jun-2011
Depreciation Amount
1) (Original Cost * 33.3%)/365*9 + (Adjusted Cost * 33.3%)/365*21 = (100,000*33.3%)/365*9 + (110,000*33.3%)/365*21 = 2929
2) (Adjusted Cost * 33.3%)/365*30 = 3011
which is oracle standard functionality of above between 1) and 2)?
0