You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Depreciate asset 80% of asset cost in 1st month of DPIS and remaining value of asset on STL basis

Received Response
32
Views
4
Comments

Summary:

Depreciate asset 80% of asset cost in 1st month of DPIS and remaining value of asset on STL basis.

Example- Asset cost- 8000

Useful Life- 4 years

STL- 4 years

DPIS- 20 March 2024

Requirement is In march period asset should be first depreciate by 80% i.e 6400

so remaining amount = 8000-6400= 1600 now on basis of STL depreciation should be on the same period i.e march on 1600 value.


So how to achieve this.

Content (please ensure you mask any confidential information):


Version (include the version you are using, if applicable):


Code Snippet (add any code snippets that support your topic, if applicable):

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!