How does the Project Depreciation work for Asset?

How does the Project Depreciation work for Asset?

The Project Depreciation missed the Depreciation for the last period.

For example:

The Asset should be completed the life in JUL-14 period.

But when we run Project Depreciation for this Asset Book, we found the report only listed the PTD amount to JUN-14 period.

It's there any limit can be set for the Project Depreciation

Or how does the Project Depreciation work for Asset?

Thanks