Asset Depreciation for the past period when inserted in the current month
Hi All,
I added an asset in the Corp Book in May-17 by giving Date in Service as 10-Mar-17 and Prorate Date as 5-Apr-2017.
When I ran the Depreciation in the May-2017 how the entries will be generated and what is the impact?
Cost of the Asset Added for eg : 20000; Life in Years 2.
Regards