We have uploaded New Depreciation method and amortization date as DPIS for Assets through TAX Upload Interface.
Prorate Convention: HY
31-JAN-2010 - 29-JAN-2011 - Prorate Date as 01-AUG-2010
We have noticed that Assets DPIS falls in First HALF of prorate convention. (Period 1 - Period 6) - Depreciation is not calculated incorrectly. But Depreciation of Assets whose DPIS falls in the Second Half (Period 7-Period 12) are correct
WHY SYSTEM IS NOT ABLE TO CALCULATE THE CORRECT DEPRECIATION OF ASSETS WHOSE DPIS FALLS IN THE 1ST HALF OF PRORATE CONVENTION ????