Financial - JDE1 (MOSC)

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Fixed Asset - Depreciation Issue

edited Dec 3, 2015 8:01PM in Financial - JDE1 (MOSC) 4 commentsAnswered ✓

Hi All

I have an issue regarding fixed asset.

I've created an fixed asset where the beginning balance is 39.430

The depreciation method is SL and Compute Direction of `I` .Asset to have 14.3% straight line depreciation (or 84 months )

This asset produced a strange set of monthly depreciation, starting at 469.87/8 fir the first 6 years and dropping to 466.58 for the final year.

I cant think there  is a logical explanation for this change as mathematically the monthly depreciation should have been 469.40/1

Any ideas?

Thanks in advance

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