why should we create prorate calender and what is the
difference between depreciation calender and prorate
calender in fixed assets module?
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Answer Posted / narendar chintam
Prorate Calendar will decide ur company depreciation
policy.
For eg: Your company is purchasing an asset at any date of
a month, but it is going to calculate depreciation from end
date of the month only.
In this case ur prorate will be like this.
From 01-jan-09 to 31-jan-09 -- prorate date is 31-jan-09.
Means if u are purchasing an asset at any date of jan month
ur system starts calculating depreciation from 31-jan-09
Onwards.
Like this u can define ur prorate calendar.
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