Life Year Calculation in R12855 Report
Hi,
We created an asset with 01 Method of Depreciation with start date as 1st Apr 2017 & dep. start date also same. Life year rule was for 36 months.
When i Run R12855 for the above asset, it has a field for Life Year where it shows 7 years. I was expecting the value as 3 years.
How system calculated it as 7 years, though the asset life was updated as 3 years?
Thanks in advance for any help
Regards
Subbu