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Help to set up a new Asset with partial depreciation — Cloud Customer Connect
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Help to set up a new Asset with partial depreciation

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edited May 12, 2020 1:15AM in Assets 6 comments

Summary

Need to set up an asset with partial depreciation, the depreciation reserve to be depreciate in a straight line for the remaining life.

Content

All,

Need your help to set up an asset.

Asset A  
   
Cost            3,960
Residual Value                    10%
                 396
 Recoverable Cost             3,600
           3,600
Depreciation Reserve            1,200
Netbook Value            2,400
   
In Service Date           43,466
Life in Years  3 years 
Remaining life in Service   2 years 
   
Remaining period                   24
Expected Depreciation                100

Please advise.

 

Thanks. 

 

 

Version

20A
Tagged:

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