Dear all,
Please check the data below
Asset bought at 475,67
Useful life 10 years
Depreciation start 03.2014
Straight line depreciation
My doubt is regarding the monthly planned values in the first year.
In some months we have 3,96 and in others 3,97 (but not in sequence, as month 7 and 8).
03.2014 3,96
04.2014 3,97
05.2014 3,96
06.2014 3,97
07.2014 3,96
08.2014 3,96
09.2014 3,97
10.2014 3,96
11.2014 3,97
12.2014 3,96
Total 39,64
Can you please explain what is the system logic to calculate like this?