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How can I create a depreciation formula with a different rate for 1st calendar year?

edited Nov 14, 2024 9:16PM in Assets 3 comments

For example, if an asset enters the system on Nov 1 any year and its cost is $2000, for Jan 1 next year its depreciated value on books should be $1000. Then from there, the depreciation goes linear with a different rate and according to its life.

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