on 10-30-2014 3:23 AM
Hi expert,
I have some problem in asset depreciation method. I want to make an asset depreciate in declining balance method with 50% depreciation rate in first year. From the next year the aseet will depreciate in declining balance method with 100% depreciation rate. Another require is that at the first year, it take the whole year's depreciation into month averagely. For example, there's asset brought in Nov 2014. It value 12000 and it's uselife is 5 year. So the depreciation in 2014 will be 12000 * 1/5year * 50% = 1200. Every month depreciation in 2014 will be 1200/2=600 (it 's divided by remaining month in the first year not 12). So the depreciation in Nov and Dec both will be 600.
Please help me how to achieve this.
Oliver
HI Oliver
Please check the period control method in the depreciation key for your requirement
Regards
Prasad
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