Fixed Assets - EBS (MOSC)

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Depreciation Calculation

edited Mar 5, 2015 10:44AM in Fixed Assets - EBS (MOSC) 10 commentsAnswered ✓

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

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