Hi All,
There are certain material which were issued to customer and now the business wants to convert into assets as per the following details
| Header 1 | Header 2 |
|---|---|
| Inventory Date | 26.7.2012 |
| Capitalized Date | 26.7.2012 |
| Depreciation Date | 26.7.2012 |
| First Acquisition | 01.09.2015 |
| Useful Life | 5 Year |
| Dep Key | INWB (on Life Basis) |
| Value of Asset | Rs. 420081 |
| Scrap % -- 5 % | Rs. 21004 |
| Depreciation | Rs. 399077 |
The user wants to match Book Value as per March 2016 given below
| Issue Date | 7/26/2012 |
| 5% of the value | 21004.027 |
| No of days till 31.03.2013 | 248 |
| No of days till 31.03.2014 | 365 |
| No of days till 31.03.2015 | 365 |
| No of days till 31.03.2016 | 366 |
| Total Days | 1344 |
| Rate of Depreciation | 0.4507197 |
| Depreciation for 2011-12 | 0 |
| Net Block as at 31/03/2012 | 420080.54 |
| Depreciation for 2012-13 | 128646.49 |
| Net Block as at 31/03/2013 | 291434.04 |
| Depreciation for 2013-14 | 131355.07 |
| Net Block as at 31/03/2014 | 160078.97 |
| Depreciation for 2014-15 | 72150.75 |
| Net Block as at 31/03/2015 | 87928.221 |
| Depreciation for 2015-16 | 39739.562 |
| Net Block as at 31/03/2016 | 48188.659 |
System is spreading the depreciation values in remaining life of asset which the Business does not want. They want all pending depreciation to be charged by Mar'16.
Also, attaching the screen shot.
Please suggest how to do this.