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Trying to create a Formula for SHort Tax Life and getting odd results in Depreciation

edited Mar 20, 2014 12:00PM in Fixed Assets - EBS (MOSC) 3 commentsAnswered

Customer Problem Description
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Problem Summary
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Trying to Create a Deprecaition Formula for Tax SHort Year

Problem Description
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We have a need for creating a short tax year in our tax books. I have located the following White Paper on this Implementing Asset Conversion in SHort Tax Years. I have followed the document and created the following formulas for our 200 DB Half Year assets our In-Service Date is 07/05/13 with our COnversion date being 02/28/2014. Out fiscal year is from 04/01/2013 - 03/31/2014. I am using the following formula from the document for 200DB

Greatest( 2/life, decode( short year, 1, 1/Remaining_Life1, 0,
1/Remaining_Life2))

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