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How to configure for Weighted Average Depreication?

in Assets 2 comments

Summary:

Client has requirement to use a "weighted average" depreciation for one category. I've never used this type of depreciation and not sure how to configure appropriately for it in ERP Cloud Assets.

Content (please ensure you mask any confidential information):

Weighted Amount = Amount * Age at 6/30/23

I'm researching using Group Assets for capturing what they call the "Function" in this example. They capture all Functions in one asset - so parent \ child is not applicable.


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

23C


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

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