Can I have asset with multiple prorate conventions for a single book?
Ni Hao Everyone,
I am currently handling a situation where assets of a book follow 5 different conventions.
List :
current month - 1Jan2016 for Jan1 to Jan31
Mid Month - 16Jan2016 for Jan1 to Jan31
End of Quarter - 3 months depreciation at a time at the end of March31
Mid of Year - 6 months depreciation at one go
I somehow solved the problem for Current Month and Mid Month by creating a half month prorate calendar and half month depreciation calendar. But it did not help me with End of Quarter and Mid Year. I do not want to create a book with quarterly and half yearly calendars. Is there a way solve this problem? Thank you.