Fixed Assets - EBS (MOSC)

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Depreciation Calculation concern

edited Oct 8, 2015 10:00AM in Fixed Assets - EBS (MOSC) 1 commentAnswered

Hello Experts,

I am unable to find that how system calculate depreciation if i enable amortization adjustment.


We are using Daily basis Depreciation Calculation.


DIPS = 01-Jul-2015

Cost   120,000

Life 2 Year.

and i did unchecked Depreciation flag in Aug period and Enable to Sep Period with Amortization adjustment.

Jul Depreciation =5,095.89

Aug Depreciation Zero

and Sep = 5,160.36.

I am confused that how system has calculate Sep Period Depreciation which formula has used in system.

Thanks

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