Thanks Ajay!
I've checked the base method of the dep key and it uses percentage from the useful life as dep. method. The total useful life of asset is 23yrs but the percentage rate is 25.5319148936. Appreciate if you can share how this percentage rate gets calculated.
Below are the values that made up the depreciation amount.
Base Value: 26,359.31
Percentage Rate: 25.5319148936
Dep. periods: 2/12
Dep amount: 1,121.67 w/c was split in 3 periods.
Period 1: 0.31
Period 2: 561.00
Period 3: 560.00
Kindly share your thoughts why it was split this way.
Thank you very much!
Jack