Fixed Assets - EBS (MOSC)

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Amortize Net Book Value over Remaining Useful Life

edited Apr 30, 2020 5:02AM in Fixed Assets - EBS (MOSC) 8 commentsAnswered
 Hello,

Could somebody let me know how to Amortize Net Book Value over Remaining Useful Life, when we change the useful life years on a particular asset.

Currently we have the assets that are depreciated on the original cost / life years.

What we want to do is that when we change the life years, is it possible to create a new depreciation method whereby the depreciation is calculated on the NBV/Remaining Life years.

Thanks,

Vijay

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