Hi Mukhtar,
The useful life of asset is 5 years.What I understood by investigating the issue is system calculating half year of depreciation in first year and remaining half in last year of asset.and thats why its posting a positive value in next period.
We are not using half year convention. we are using full year depreciation means if an asset is acquired in 2014 at cost of say 25000, life 3 years..the system should post 5000$ depreciation for the current year, but in my case system is trying to post 2,500$.
could someone guide me to define a depreciation key using straight line method with depreciation starts in the month of acquisition and depreciate full year not half year.Thanks for your reply.
Regards
Shaun