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Tax book depreciation rule scenarios

in Assets 2 comments

Summary:

Hi,

I need to know how to configure these cases in system. In addition, I have a doubt on the scenarios being correct. Please clarify.

Scenario1

Real estate useful life is 39 years and depreciation method is 200%DB

Scenario2

Office equipment useful life is 5 years and depreciation method is 20%DB

Scenario3

Asset class is 5-year property and depreciation method is 200% Declining Balance or Straight-Line

Scenario4

Machinery life is 15 years and written down method is used.

Scenario5

Depreciation rate for IT equipment is 40%.

Thanks

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