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 ????
If you need any information, Please let me know.