How is Adjustment Amount Calculated?
Hello
Following example:
Current open period = FEB 16 , we did periodic mass copy and ran depreciation. There is an Adjustment in Feb 16 of 226,904.43 (original Addition Cost = 215,385.00 in SEP 2015)
Cost of the Asset is 226,904.43 , deprn method is STL MM 39YR and Date placed in service is 30-sep-2015.
it is calculating the Depreciation Amount correctly : 226,904.43 with rate .025641 = 484.84
But since there is an adjustment in feb it is calculating the Adjustment Amount in FEb = 101.95. How is it calculating the Adjustment Amount?
Thank you.