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How to configure double decline method in asset?

in Assets 4 comments

Has anyone expenrince setting up double decline methods? We are looking for how to configure double decline method for an asset.

If the normal depreciation rate is 25%, in double decline methods rate will be 50%.

Howerver, It needs fully depriciated when the asset reach the last year of useful life.

we have tried to use a 50% flat rate, however, it is not able to include the useful life into the calculation.

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