Financial - JDE1 (MOSC)

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06 Fixed % Declining Balance

edited Feb 18, 2016 10:38AM in Financial - JDE1 (MOSC) 3 commentsAnswered

Can this method of depreciation be modified to use Initial Term Apportionment = 'A' - Actual Start Depreciation Date?  I would like to use declining balance say with 8% over 25 years, however, if my asset is acquired say on 10 December, with a year end date of 31 December,  I only want the first month to calculate as 20 days, not for the full month.   How can I do this?

Thanks

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