CALCULATE DEPRECIATION BOOK VALUE AMOUNT DIVIDED TO MONTHS

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Posted on by anmuriel

Hi.

Please help me to understand. The book value of fixed asset is 65,168.50 then the no of depreciation year is for one year and this is straight line method. (Starting date is 1/1/2022 End date 12/31/2022) Manually calculating this the depreciated amount is 5,430.71. But using the Calculate Depreciation function, when I select 2/1/2022 for FA Posting Date and Posting Date the depreciated amount is 5,612. Where does this difference of 181.29 came from?

Moreover I want to also do the calculate depreciation until 12/31/2022 and the amount appears in G/L is 65,168.50 and no. of depreciation days appears to be 360. I'm not sure if this is correct.

Thank you in advance for explaining.

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Marco Mels on at

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RE: CALCULATE DEPRECIATION BOOK VALUE AMOUNT DIVIDED TO MONTHS

Hello,

The following may help:

docs.microsoft.com/.../fa-depreciation-methods

Thanks.