diff --git a/erpnext/assets/doctype/asset/asset.py b/erpnext/assets/doctype/asset/asset.py
index e37fb6631a..333906a815 100644
--- a/erpnext/assets/doctype/asset/asset.py
+++ b/erpnext/assets/doctype/asset/asset.py
@@ -858,13 +858,11 @@ def get_total_days(date, frequency):
 
 @erpnext.allow_regional
 def get_depreciation_amount(asset, depreciable_value, row):
-	depreciation_left = flt(row.total_number_of_depreciations)
-
 	if row.depreciation_method in ("Straight Line", "Manual"):
 		# if the Depreciation Schedule is being prepared for the first time
 		if not asset.flags.increase_in_asset_life:
 			depreciation_amount = (flt(asset.gross_purchase_amount) -
-				flt(row.expected_value_after_useful_life)) / depreciation_left
+				flt(row.expected_value_after_useful_life)) / flt(row.total_number_of_depreciations)
 
 		# if the Depreciation Schedule is being modified after Asset Repair
 		else:
diff --git a/erpnext/regional/india/utils.py b/erpnext/regional/india/utils.py
index 0de8347d35..12d8d209a6 100644
--- a/erpnext/regional/india/utils.py
+++ b/erpnext/regional/india/utils.py
@@ -847,13 +847,11 @@ def update_taxable_values(doc, method):
 		doc.get('items')[item_count - 1].taxable_value += diff
 
 def get_depreciation_amount(asset, depreciable_value, row):
-	depreciation_left = flt(row.total_number_of_depreciations)
-
 	if row.depreciation_method in ("Straight Line", "Manual"):
 		# if the Depreciation Schedule is being prepared for the first time
 		if not asset.flags.increase_in_asset_life:
 			depreciation_amount = (flt(asset.gross_purchase_amount) -
-				flt(row.expected_value_after_useful_life)) / depreciation_left
+				flt(row.expected_value_after_useful_life)) / flt(row.total_number_of_depreciations)
 
 		# if the Depreciation Schedule is being modified after Asset Repair
 		else: