Hi Vamsi
My answer would differ slightly
Root Cause: System is correct.. Read the IMG help for period control.. It says, it determines when the depreciation should Start in the Case of acquisitions and when it should stop in the case of retirements
Period Control 01 means Start of the month..
So, this means, in the case of acquisitions, your depreciation would start from 1st day, ignoring the date of asset acquisition
This also means, in the case of retirements, your dep would stop on the 1st day of the month, which effectively means, no depreciation in the period of retirement
Solution: Use Period control 11 if you want whole month dep for retirements.. OR change asset value date to 1st date of next month
Before activating "To the day" indicator, be very very careful.. Because, once you do that, your period control settings are ignored.. Dep would start and stop on the day of the acquisition / retirement.
So make sure that's what your client wants
Br, Ajay M