sukhosla
12th January 2010, 17:49
A new blog entry has been added:
Fixed Assets Depriciation Issue
We found our fixed assets calculation is not correct. We have entered initial data upto period 2009/12. System is calculating deprication for those assets too where book value is 1 or those are fully depricated before in previous year/period or going to be fully depriciated in next few more months. Our depreciation calculation method is "Fixed % of base value" with First and Last use date.
Can any one help us ,how to control this. We need following:
1. system should not calculate for those assets which are fully depricated and having book value only 1.
2. system should calculate depreciation for those assets which are going to be fully depriciated in next few months with their respective months of depriciaiton % not with full year amount.
3. Remaining other assets should have correct calculation in future years too.
Awaiting your valueable reply as earliest..
Thanks,
Sushi
Fixed Assets Depriciation Issue
We found our fixed assets calculation is not correct. We have entered initial data upto period 2009/12. System is calculating deprication for those assets too where book value is 1 or those are fully depricated before in previous year/period or going to be fully depriciated in next few more months. Our depreciation calculation method is "Fixed % of base value" with First and Last use date.
Can any one help us ,how to control this. We need following:
1. system should not calculate for those assets which are fully depricated and having book value only 1.
2. system should calculate depreciation for those assets which are going to be fully depriciated in next few months with their respective months of depriciaiton % not with full year amount.
3. Remaining other assets should have correct calculation in future years too.
Awaiting your valueable reply as earliest..
Thanks,
Sushi