Fixed Assets - EBS (MOSC)

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Formula Depreciation

edited Feb 2, 2010 1:02AM in Fixed Assets - EBS (MOSC) 2 commentsAnswered
 Hi
We need the system to calculate depre 40% for 4 yrs and STL for the last year. The Life is 5 yrs.

For year 1-4 , it should multiply with Rate= .4
For Year 5 , It should multiply with Rate =1


We define as follows:
Method Type = Formula
Calculation Basis: NBV
Life: 5 years 0 months

Formula:

DECODE(SIGN(<Remaining Life2> – 4), 1, 1, 0, 0.4, –1, 0.4)

Please advice us how to correct the formula.

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