How can I setup a Depreciation Method with 2 rates fix in 2 year. The first year = 67% and the secon
How can I setup a depreciation methold with condition below:
1. Depreciation method for Mold (Machinery) 2 Rates fix for 2 years, First Year = 67%, Second year = 33%.
2. The fiscal year start at 01-Apr-(YYYY) to 31-Mar-(YYYY+1).
3. Depreciation Cycle start from Date place in service unit date place in service plus 24 periods.
For example:
Date place in service = 20-Jun-2010
First Year start depreciation calculate from 20-Jun-2010 until 19-May-2011 with rate 67%
The second year start depreciation calculate from 20-Jun-11 until 19-May-2012 with rate 33%
4. Divide Depreciation by Days. Example 30, 31.28.... follow the calendar month.
5. Prorate Convention by Days
With the condition above. I have to custom depreciation methold or not. Or Can you guide line or suggest some solution to setup it. Or Can I use the formula base depreciation to setup cover the requirement above.
2. The fiscal year start at 01-Apr-(YYYY) to 31-Mar-(YYYY+1).
3. Depreciation Cycle start from Date place in service unit date place in service plus 24 periods.
For example:
Date place in service = 20-Jun-2010
First Year start depreciation calculate from 20-Jun-2010 until 19-May-2011 with rate 67%
The second year start depreciation calculate from 20-Jun-11 until 19-May-2012 with rate 33%
4. Divide Depreciation by Days. Example 30, 31.28.... follow the calendar month.
5. Prorate Convention by Days
With the condition above. I have to custom depreciation methold or not. Or Can you guide line or suggest some solution to setup it. Or Can I use the formula base depreciation to setup cover the requirement above.
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