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Fixed Assets Remaining Life in Year and days.

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Remaining Life in Year and days.

I have assets which Total Years in Life is 35 Months i.e. 2 Years on 11 Months. Place in Service is 12/01/2014

But in fixed assets option to enter Remaining Life in Year and Days. To calculate days I have to 11*30 =330 or I have to calculate exact Years & Days in between Place in Service and last date of depreciation. If yes then is there any formula in excel to get Years and Remaining Days?

My Depreciation method is Straight Line Original Life.

Your earliest reply is highly appreciable.

Thanks Much

Sandip Jadhav


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