E1: 12: Request to Add New Depreciation Rule
(Doc ID 2169451.1)
Last updated on NOVEMBER 22, 2019
Applies to:JD Edwards EnterpriseOne Fixed Assets - Version 9.1 and later
Information in this document applies to any platform.
A common form of depreciation in India is as follows:
-Depreciation rate is changeable based on how many hours a machine is working.
-Deprecation rate is changeable in every quarter.
-8 hour working 5.0%
16 hour working 7.5%
24 hour working 10.0%
-Depreciation is daily base. Deprecation amount will be different each month due to the number of days in each month.
-No retroactive depreciation when deprecation rate changes.
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