Hi experts,
I have a problem in triple shift depreciation calculation where it is not calculating correctly.
According to client the Dep should be calculated on the basis of rem useful life.
Suppose Net Book Value is Rs. 100 on 01.04.2015
Rem useful life is 10 year
So for the fiscal year 2015 the dep amount should be
Asset net book value x2.5 |
Rem Useful life |
100x2.5 |
10 |
=Rs.25 |
Now the wdv =100-25=75
Dep for next fiscal year should be
Asset net book value x2.5 |
Rem Useful life |
75x2.5 |
9 |
=20.833 |
|
But system is showing the Rs 25 dep for fiscal year 2016
I have configure the dep key as below
Depreciation Key Config:
I Made in below changes in the asset master:
and the asset register is not showing the correct dep value for fiscal year 2016
asset register