on 2013 Dec 06 5:48 AM
Hello Team,
Looking for a DEP KEY which will depreciate the asset fully within the same year of acuqisition. We have LVA, which depreciates in same month, but we are looking for a DEP KEY set up which can depreciate evenly within the same acquisition year.
Eg:
(Assuming Jan - December FY)
1. Asset bought in March for 15000, it should depreciate 15000 / 10 from March to December.
2. IF asset is bought in october for 6000, then it should depreciate 2000 every month till December.
Thanks
Km.
Request clarification before answering.
Hi,
You candefine the depreciation key based on the fiscal year.
Define key based on useful life. Create the multilevel method. define period control as per your requirement, as the same would require for your case.
Hope this would help you.
revert if you have any querry.
Regards
Pankaj
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