Dear Experts,
Need your advice as depreciation value for current year acquisition for the asset is not matching.
Asset Acquired on 12.08.2015
Value of Asset 9740502.00
Scrap value: 487025.10
cut off date: 31.12.2015
Remaining days from 12.08.2015 to 31.12.2015 is 142 days
When I have uploaded this asset in asset using AS92 I have given the asset value in transaction field and depreciation from 12.08.2015 to 31.12.2015 in depreciation column in AS92.
however, system has to show the total depreciation value to be 738376.75 but after doing the transaction system is only showing depreciation amount as 736,359.33, The correct depreciation for the period 12.08.2015 to 31.12.2015 is 738376.75.
Can anyone guide me how to adjust the value of depreciation and arrive at the correct figure.
Thanks in Advance.
Regards:
Jamshed