Fixed Assets - EBS (MOSC)

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FA Prorate Convention

edited Jun 11, 2013 10:41AM in Fixed Assets - EBS (MOSC) 1 commentAnswered
Hi Experts,

Please help me to achieve this requirement.

Requirement for Depreciation.

1)       Asset should depreciate from following period.

2)      Asset should calculate depreciation in retired period.

 

I have selected Divide depreciation: Evenly  in Book Controls

 

For 1st scenario I have configured prorate convention following way and it is working fine.

 

Un checked Depreciate when placed in service.

                From Date         To Date        Prorate Date

             01-Jan-12             31-Jan-12     28-Feb-12

2nd  I have configured Retirement Convention as following.

 Enabled Depreciate when placed in service

               From Date         To Date        Prorate Date

             01-Jan-12             31-Jan-12     31-Jan-12  

 

When I retire my system is not calculating depreciation in retired period. Please suggest me how do I configure retirement convention to calculate depreciation I retired period.

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