Accelerating depreciation for a part of an asset's cost
Summary:
What is the best way to accelerate depreciation for a part of an asset's cost?
Content (required):
Let's assume we have an asset for $10,000 which is using Straight Line Depreciation with a useful life of 3 years. We would like to accelerate the depreciation for 30% of the cost of this asset ($3,000) by changing the useful life to 2 years. What is the best way to accomplish this in Cloud Assets?
We have looked at monthly unplanned depreciation, but would like to avoid manual adjustments and prefer an automated way of handling this.
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