Hi Ajay,
I've checked the parameters used in calculating depreciation and the remaining useful life is 50 months. It make sense that the percentage rate is 24% (50/12 = 4.166, 100/ 4.166). However, the remaining useful life reflected in asset explorer is 5 yrs = 60 months.
Useful life = 23yrs and 3 months
Expired Useful Life = 18yrs and 3 months
Remaining Useful Life = 5 yrs
Hope you can advise why 50months is used as remaining period.
Thanks