Ax 2012 CU7
I have created the Fiscal year using Day based for April- March and 14 periods has been created
I need to use Monthly depreciation for all fixed assets For this reason I create a following depreciation profile.
Its depreciation method : Reducing balance
Depreciation % - 20
Its depreciation year : Fiscal
Its period frequency :Fiscal Period
Testing purpose i bought asset on 02/01/14 (MM//DD/YY) , I run the depreciation on 06/01/14 , using depreciation proposal function.
System created 4 lines for FEB , MAR, APR, MAY but it is showing the same amount .
Why it is not calculating the depreciation based one the number days in each month.
For example - Feb - 28 Days
March - 31 Days
April -30 Days
May - 31 Days
Based on the number days amount need to be differ , but it is showing the same amount.
My problem is system is calculating month wise depreciation & not day wise.
I will appreciate , if you could help me