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Recommended depreciation method (year1= 40%, year2 = 15%, year3 = 15%, etc)

edited Aug 25, 2022 11:23PM in Assets 2 comments

Summary: What is the recommended depreciation method for the following schedule (year1 = 40%, year2 = 15%, year3 = 15%, year4 = 15%, year5 = 15%)?

Content (required): Recommended depreciation method for the following schedule (year1 = 40%, year2 = 15%, year3 = 15%, year4 = 15%, year5 = 15%). Year1 needs to be from the in-service date and not calendar year (so if we put the asset in service in Jun, the 40% will apply to all months until the following Jun, not until the end of the year). What depreciation method would you recommend we use?

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