Depreciation Calculation
Hello All,
Our Client requirement is to calculate Depreciation on Daily Bases. How can achieve this functionality in Fixed assets.
I have defined prorate Calendar daily bases and Dep Method by Rate but it is not calculating depreciation on daily bases.
For Example:
Cost Value : 49000
DIPS : 09-Feb-2011
Life 8 Years
2011 Dep : 10,974.66 (327 Days)
2012 Dep : 12,250 (365 Days)
2013 Dep : 12,250 (365 Days)
2014 Dep : 12,250 (365 Days)
2015 Dep : 1,040.41 (31 Days) Only For Jan
How can achieve this Calculation in Fixed assets.
Thanks