Depreciation Calculation on the remaining balance
Community Member's
I am looking for a solution to calculate depreciation on the remaining balance of asset. The scenario is I have added an asset acquired from a sister-company as under
Asset - Cost 59184 with life period as 72 Months, Purchase date as 10/08/2010 as at 01/01/2013
Asset - Accummulated Depreciation 35469.92 as at 01/01/2013
The previous asset life period life period was 48 months and the net book values of asset 23714.08
Now I need to run depreication with 'R' as depreciation method (to calculate depreciation on the remaining balance) but I am getting values in negative. I want the system should consider the remaining balance and arrive to values which look more realistic. I just want to know is their any other method from which I can achieve desire result. Please advice it would be a great help to me.