Fixed Assets - EBS (MOSC)

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Formula Depreciation

edited Mar 3, 2010 3:22PM in Fixed Assets - EBS (MOSC) 4 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:

GREATEST (2/ <Life>,1 / <Remaining Life 1>)


It is showing expected values for first, second and Third year. For the 4 and 5 year it is showing incorrect amount.

Please advice us how to correct the formula

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