Fixed Assets - EBS (MOSC)

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Salvage value depreciation

edited May 5, 2009 10:52PM in Fixed Assets - EBS (MOSC) 7 commentsAnswered
 Hello,

I have a question about the way to depreciate the salvabe value for Taiwan. Here is the way they proceed currently:

1. Salvage Value: In TW, they need to keep the Salvage Value as one year depreciation amount when purchase a new FA. Let's take the following one as example, the life year for computer equipments is 3 year. So the Salvage Value for this item is : TWD 66,000/ (3 years + 1 year )= TWD 16,500. After 3 years, the net value for this item will be TWD 16,500 (as Salvage Value), and they will keep depreciate this item for one year until the net value is zero

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