Financial - JDE1 (MOSC)

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Fixed % Depreciation

edited Aug 4, 2016 5:00AM in Financial - JDE1 (MOSC) 2 commentsAnswered

Hello,

Greetings!!

I processed depreciation for one asset with Formula 15 and Computation Method C. What I understood from documents and Community discuss, that system will not see Life of the Asset / life months if we define Depreciation Method 15 (Fixed Percent Cost).

I processed one Asset and its end date was 31/10/2017. But as per Fixed Percentage it should end in 31/01/2018. But when I process depreciation in Jan 2018 instead fully depreciate system allocate cost to entire year of 2018 and Asset Value was ZERO in Dec 2018.

If there is specific process or step/s which I need to follow so that I get desired result. (NBV should be ZERO in Jan 2018 instead Dec 2018)

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