Hi All,
I have a problem in asset accounting. My company code is using Jan-Dec fiscal year. For IT depreciation (180 days rule) we have to calculate depreciation for full year, if we do asset acquisition till end of September and 6 months depreciation, if we do asset acquisition after September 30th till March 31st.
How to define the period control key? If I specify the period control keys as below, since the month in this configuration is calendar month, it will take till 30th june full year and till 31st dec, 6 months depreciation.
Month Day Period
6 30 0
12 31 6
Shall I maintain it like following?
Month Day Period
3 31 6
9 30 0
12 31 6
I am not sure since the fiscal year for first entry will be last fiscal year as per April-Mar fiscal year.
Do you know any other alternative? Let me know if you need any additional information.
Regards
Suresh