Fixed Assets - EBS (MOSC)

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Why depreciation rate resulted by test formula not same with rate in Depreciation Calculation Diagno

edited Jan 24, 2019 9:52PM in Fixed Assets - EBS (MOSC) 5 commentsAnswered

Hi,

I have an asset:

Asset ID     = 90149

Method       = DD-FISCAL-03 --base on formula

Method Formula     =  DECODE ( FLOOR ( <Remaining Life 1> ) , 0 , 0.5 , 1 , 0.5 , GREATEST ( 2 / <Life> , 1 / <Remaining Life 1> ) )

Life              = 4 years

Cost            = 200000000

Date Place In Service = 13Sep2018

Start Depreciation = NOV-18.

Why depreciation for period APR-22 get value = 3541667, why rate depreciation get 2.4 for that last years ?,

because in test formula should be 0.5

Here below What-If-Report base on Depreciation Calculator:                                                                                                                                                                                                                                                                                                            

Asset PeriodFiscalExpense ProrateLifeSalvageBasicAdjust New
NumberDescNameYearAccountCostConvention(Mos)valueRateRateDepreciationDepreciation
90149CAP DASHNov-18201910.756600.203200,000,000ACTUAL MTH480 8,333,3338,333,333
Dec-18201910.756600.203200,000,000ACTUAL MTH480 8,333,3338,333,333
Jan-19201910.756600.203200,000,000ACTUAL MTH480 8,333,3338,333,333
Feb-19201910.756600.203200,000,000ACTUAL MTH480 8,333,3338,333,333
Mar-19201910.756600.203200,000,000ACTUAL MTH
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