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Re: Period Control Method, Base Method Calc..

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Hi,

 

Period Control:-
If Asset acquired on 15 Nov 2013, Depreciation may need to start from

 

1. 1st Jan - Beginning of Year

2. 1st Nov - Beginning of Month

3. 1st Oct - Begining of Quarter

4. 1st Jul - Beginning of Half year

 

This setting is determined based on Period Control. You can select different option for asset Acquistion, Addition, Transfer and Retirement.

 

Base Method:-

It determines the method of Depreciation. e.g

States Depreciation - Dep rate will be defined in configuration.

%age based on Useful Life - Autocalculate the depreciation based on useful life of assets.

Declining Balance method

so on..

 

Hope it helpes.

 

Thanks,

Deepanshu


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