Wrong Depreciation Calculation.

vipin_poulose

Dear Experts,

I have been facing a problem that when i calculate the Depreciation through ' Calculate Depreciation' Batch job, the system calculates the wrong depreciation and writes on the FA G/L Journal.

The scenario:

Purchased date : 10-01-2012

Acqusition Cost: 1200

Depreciation method : straight Line

Depreciation percent: 10%

Depreciation starting date: 10-01-2012

Depreciation ending Date : ' Blank'

Fiscal Year = 365 days ( depreciation Book for COMPANY ACT)

i calculated Depreciation on 31-03-2012.

The systm is calculating the No of days as 82 days that is correct.

Depreciation amount calculated by system = 13.46

When we calculate the depreciation for 82 days in excel = 26.9589

I dont know why the system calculating the wrong amount even if it calculated the correct No of days.


I am relly got amazed when i try the same scenario on the backup which i have taken before 3 weeks it is working perfectly. but on the recent database system calculates the Depreciation wrongly.

I have compared almost all the setups between two databases. but i didnot find any difference. Also we have not done any customization in Fixed asset part and finance part also.

I am getting the wrong depreciation when i calculate the depreciation for the COMPANY ACT.

For INCOMETAX depreciation, system is calculating depreciation properly.

There is no Final Rounding value, No custom depreciation,

I expect that i will get a solution for this. Please help me to solve this solution.

Thanks & Regards,
Vipin Poulose.