Depreciation Calculation for Table based method
Hi All
I am adding a asset with below details
Cost - 713.91
DPIS - 30-NOV-2001
Prorate date - 15-DEC-2001
Accumulated depreciation - 676.53
Asset is added in Jan 2011
Depreciation method - DEC10Y-2008 (this is a table based method with the 120 months life) The rates for this method is as follows
1 -12 - .01875
2 -12 - .22078
3 -12 - .17111
4 -12 - .13261
5 - 12- .10277
6 -12 - .07965
7 - 12 -.06858
8 - 12 -.06858
9 - 12 -.06859
10 - 12 -.06858
11 - 12 - 0
When i ran depreciation for jan-11 period system is not calculating any depreciation amount for this asset
Any comments on this
Regards
I am adding a asset with below details
Cost - 713.91
DPIS - 30-NOV-2001
Prorate date - 15-DEC-2001
Accumulated depreciation - 676.53
Asset is added in Jan 2011
Depreciation method - DEC10Y-2008 (this is a table based method with the 120 months life) The rates for this method is as follows
1 -12 - .01875
2 -12 - .22078
3 -12 - .17111
4 -12 - .13261
5 - 12- .10277
6 -12 - .07965
7 - 12 -.06858
8 - 12 -.06858
9 - 12 -.06859
10 - 12 -.06858
11 - 12 - 0
When i ran depreciation for jan-11 period system is not calculating any depreciation amount for this asset
Any comments on this
Regards
0