Hello,
The dep is not calculated correctly when I am acquiring the asset after Feb end in leap year. PFB the illistration forn the same.
Dep. Starting Date 1-Jan-08 1-Mar-08 28-Feb-08 1-Apr-08
Depreciation on 1000000.00
Useful life 6.00 Yrs
Depreciation for the Year
2008 166666.67 139344.26 140255.01 125227.6867
2009 166666.67 166666.67 166666.67 166666.67
2010 166666.67 166666.67 166666.67 166666.67
2011 166666.67 166666.67 166666.67 166666.67
2012 166666.67 166666.67 166666.67 166666.67
2013 166666.67 166666.67 166666.67 166666.67
2014 26940.64 26411.66 41095.89
Total Dep1000000 999618.23 1000000 999656.91
Difference 0.00 381.77 0 343.09
I want to ask do we have and OSS notes for the same.
Any pointer towards this will be helpful
Thanks
Jyoti
