A Depreciation method so that depreciation is not effected by the Cost and NBV revaluation methods.

Summary:

Current functionality is: If we use the NBV method of revaluation, system update the Current Cost as per below formula and calculates the depreciation on current cost.

Current Cost after NBV Revaluation = Current NBV + YTD Deprn Less Revaluation Amount

Depreciation = Current Cost/Remaining Life of the asset

If we use the Cost method of revaluation, system update the Current Cost as per below formula and calculates the depreciation on current cost.

Current Cost after COST Revaluation = Current Cost Less Revaluation Amount

Depreciation = Current Cost/Total Useful Life of the asset

Currently depending on method this is spitting out different results.