Dep Calculaton
I want to know how the system is calulating Dep on following Details
Dep Method is NBV
Rate is 5%
Porate Convention and Divide Dep is by Days
Cost is 983985.83
DPIS=01-Apr-09
Current periid is Apr13
From 01-Apr-09 till Mar 13=1461 days
therefor 983985.83*5%/366*1461 days=196931.96
but the system shows===182523.21
Dep for Apr=on NBV= (983985.83-196931.96)=787053.87*5%/366*30=3234.46
but the system shows ==3293.68
Let me know what logic the system is calulating the Dep in above case and why there is a difference.
Rgds
Raju