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feat(regional): toggle for reduced depreciation rate as per IT Act (#27600)

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Saqib
2021-09-28 18:12:02 +05:30
committed by GitHub
parent 72c081fd8f
commit 424efd41e5
6 changed files with 45 additions and 11 deletions
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9
erpnext/regional/india/setup.py
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@@ -663,6 +663,15 @@ def make_custom_fields(update=True):
'fieldtype': 'Data',
'insert_after': 'email'
}
],
'Finance Book': [
{
'fieldname': 'for_income_tax',
'label': 'For Income Tax',
'fieldtype': 'Check',
'insert_after': 'finance_book_name',
'description': 'If the asset is put to use for less than 180 days, the first Depreciation Rate will be reduced by 50%.'
}
]
}
create_custom_fields(custom_fields, update=update)

13
erpnext/regional/india/utils.py
View File

@@ -857,12 +857,13 @@ def get_depreciation_amount(asset, depreciable_value, row):
rate_of_depreciation = row.rate_of_depreciation
# if its the first depreciation
if depreciable_value == asset.gross_purchase_amount:
# as per IT act, if the asset is purchased in the 2nd half of fiscal year, then rate is divided by 2
diff = date_diff(row.depreciation_start_date, asset.available_for_use_date)
if diff <= 180:
rate_of_depreciation = rate_of_depreciation / 2
frappe.msgprint(
_('As per IT Act, the rate of depreciation for the first depreciation entry is reduced by 50%.'))
if row.finance_book and frappe.db.get_value('Finance Book', row.finance_book, 'for_income_tax'):
# as per IT act, if the asset is purchased in the 2nd half of fiscal year, then rate is divided by 2
diff = date_diff(row.depreciation_start_date, asset.available_for_use_date)
if diff <= 180:
rate_of_depreciation = rate_of_depreciation / 2
frappe.msgprint(
_('As per IT Act, the rate of depreciation for the first depreciation entry is reduced by 50%.'))
depreciation_amount = flt(depreciable_value * (flt(rate_of_depreciation) / 100))