Exact Globe

Product Update 406: Asset depreciation by day functionality introduced (Indian and Middle Eastern legislations)

Currently in Exact Globe Next, the asset depreciation by day functionality is available for Thailand, Spain, International, Malaysia, Hungary, and Vietnam (see Release 390: Asset depreciation by day (Spanish, Malaysian, Hungarian, Vietnamese, and International legislations) and Batch 325: Depreciations by day for Thailand license).

In this product update, the asset depreciation by day functionality will be available for the Indian and Middle Eastern legislations. For more information on the asset budget calculation, see How asset budget calculation for Thai legislation works.

Note: This functionality is not applicable for the variable write-off method.