E1 Final Year and Period Delta Asset Depreciation not calculated
Hello Folks,
We have few assets which have shown a common pattern and issue where the system did not calculate the Depreciation for the Final Period/Year of Life MOS. I analyzed the issue and found out that the NBV (as of last period) is less than the average Depreciation Amount, may be that's why system ignored the Depreciation. For instance, the NBV (for Period 8) = 981.63 (<1188.37). But should not system spread out the Depreciation in remaining year and fully depreciate the asset (to ensure NBV is zero)?
Interestingly, all of these assets have similar Dep Rule:
Dep Method - SL
Dep Info - A