Hi All
In Depreciaiton profile , we have the option Calendar and Fiscal year . What is the difference between these two . Can you explain when we need to use the calendar and fiscal year ?
Thanks in advance.
Calendar - Depreciation Monthly cycle will be as per the Calendar that you selected in the “calendar” field of value models.
Fiscal year - 01-Jan to 31-Jan is a cycle for your depreciation. Jan-Dec would be a Fiscal year.