In most methods, JDE calculates the annual depreciation and then apportions the annual amount to the individual periods. For example:
Asset has a cost = $6,000
Depreciation Method = 5 year Straight Line.
1st year depreciation = $6,000 / 5 = $1,200
If asset has a depreciation start date of July 1, there is only half a year left for depreciation.
The formula would look something like this.
First Month:
$6,000 / 5years = $1,200 * 50% = 600 * 16.66666% = $100 Accumulated Depreciation.
The second month would be :
$6,000 / 5years = $1,200 * 50% = 600 * 33.33333% = $200 Accumulated Depreciation.
Accum Depreciation $200 - YTD Depr $100 = $100 Current Month Depr.
If you are tring to set up a custom depreciation method, you will need to set up 12 initial year date patterns, one for each possible start month. Should look something like this:
Start
Month # Percentages
1 8.3333% For 12 Months
2 9.0909% For 11 Months
3 10.0000% For 10 Months
etc....
12 100.0000% For 1 Month
Seems more complicated than it should be, but this is how JD Edwards can determine if a month of depreciation was skipped and needs to be "caught up" in the current period.
Hope this makes sense.
Ken
XE SP 16
Win2000/Oracle 8.1.6.
<P ID="edit"><FONT SIZE=-1>Edited by ksmithcpa on 4/2/02 11:54 AM.</FONT></P>