Table Based Depreciation Methods
I am trying to setup a table based depreciation method which should achieve the following example.
Useful Life: 3 Years
Method Type: Table/Calculation Basis: NBV
Year 1: 50%
Year 2: 25%
Year 3: 25%
Here's my problem. As per Oracle, I have to define, 4 years in the table. So I was planning on defining the foillowing:
Year 1 Period 1 0.50
Year 2 Period 1 0.25
Year 3 Period 1 0.25 and so on. But Oracle requires that I define Year 4 as well..so how could I define the rate in the above example? How do I achieve this mathematically?
Thanks in advance!!
P.S. We are on 11.5.10