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How to calculate depreciation based on asset type and usage.

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Summary:

How to calculate depreciation based on asset type and usage.

Content (please ensure you mask any confidential information):

We have a requirement to calculate asset depreciation based on asset type (Lathe Machines, Grinding Machines etc) and usage (Weekly, Daily, Hourly). How to achieve this requirement.

Also, is there a standard place where we can store this information against the asset.

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

25C

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