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

Tax book depreciation rule scenarios

in Assets 1 comment

Summary:

Hi,

I need to know how to configure these cases in system. In addition, I have a doubt on the scenarios being correct. Please clarify.

Scenario1

Real estate useful life is 39 years and depreciation method is 200%DB

Scenario2

Office equipment useful life is 5 years and depreciation method is 20%DB

Scenario3

Asset class is 5-year property and depreciation method is 200% Declining Balance or Straight-Line

Scenario4

Machinery life is 15 years and written down method is used.

Scenario5

Depreciation rate for IT equipment is 40%.

Thanks

Content (please ensure you mask any confidential information):


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

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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