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Prorate Calendar use in Straight line Depreciation method

edited Apr 23, 2015 11:20AM in Fixed Assets - EBS (MOSC) 13 commentsAnswered


Hi ,

I need to understand the use of Prorate Calendar during the Straight line depreciation calculation

As per my understanding , the Prorate Convention is used at asset category level to calculate the depreciation in the first year

Additionally , for subsequent periods , we use the Divide depreciation flag & Depreciation Calender

So how does Prorate Calendar impact the Straight line Depreciation calculation

Thanks in advance

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