Fixed Assets - EBS (MOSC)

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Depreciation Limit

edited Apr 30, 2010 6:58AM in Fixed Assets - EBS (MOSC) 7 commentsAnswered
 11.5.10.02

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 methodStraight Line
Depreciation limit30%
YearAnnualAccumulated
of LifeDepreciation (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)
680,000 = less of (80000, 120,000)480,000
740,000 = 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.

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