Fixed Asset Depreciation by days or by Month

Dear,

Please be advice the fixed asset calendars setup for monthly or prorata basis. As per our requirement the user want to run the depreciation monthly basis but those assets which are included between the months in this case system should allow to calculate the asset depreciation by day for e.g.

The current FA open period is “Oct-2013”

“Asset # 1” Date and place service date is “15-Oct-2013”   Life of year “5” Amount “70,000” =

Expected Result “564.51”

“Asset # 2” Date and place service date is “01-Oct-2013” . Life of year “5” Amount “50,000” =

Expected Result “833.33”

In that case please advise the asset calendar setup and other fixed asset setup which should calculate the proper depreciation amount monthly or by days as mentioned above asset Date and place service.date.