Depreciation Limit
Hi all
I need your help with depreciation limit, i have seen the examples in the user guide, however, base on the asset information below, would the system calculates the depreciation as how it is reflected below.
Cost | 400,000.00 | |
Salvage value | - | |
Useful life | 5.00 | |
Depreciation method | Straight Line | |
Depreciation limit | 30% | |
Year | Annual | Accumulated |
of Life | Depreciation (Yen) | Depreciation (Yen) |
1 | 80,000 | 80000 |
2 | 80,000 | 160,000 |
3 | 80,000 | 240000 |
4 | 80,000 | 320,000 |
5 | 80,000 | 400000 = (cost - salvage value) |
6 | 80,000 = less of (80000, 120,000) | 480,000 |
7 | 40,000 = less of (80,000, 40,000) | 520,000 |
Recoverable cost | 400000 x30% | 120,000 |
2. Is it possible to get the system to calculate this extra depreciation in first year of the asset life, instead of the end of the asset life.