Change of Period Control in Depreciation Key

Hi All,

We are using SLM for calculating depreciation with period control as 01/06/02/02. Now we want to change the period control to 02/02/02/02.

When we change the period control, system is calculating depreciation and reversing some amount in current month and adjusting the same again in the month of march. See example below:

Cap. Date : 01-Apr-2014

Useful Life : 5 year (60 months)

Asset Value Date : 30-Jun-2014 for $180,000.00

Asset Value Date : 31-Aug-2014 for $ 9000

Depreciation before change : $3,150.00 pm

After period control change from 01/06/02/02 to 02/02/02/02, system calculates depreciation as follows:

I didn't understand the system behavior for recalculating and depreciation adjustment.

Is it correct?

Needs your expert inputs.

Thanks

SG