Fixed Assets - EBS (MOSC)

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Asset Depreciation - first and last year with half of the depreciation percentage

edited Jun 2, 2019 5:00AM in Fixed Assets - EBS (MOSC) 5 commentsAnswered

Hi,


We have a requirement to depreciate the asset, with below logic.

Asset with 5 years life, with straight line per year = 20% per year.

But exception here is that, in first and last year, it has to be 10% for first and last year.

but 20% in the middle years.

Can anyone know how to configure this in system (i understand we cannot used STL, Table and Flat Rate here).

Thanks.

   

Name Car 1
Depr standard period in years 5
Purchase price 10,000.00
Depr in first and last year 1,000.00
Monthly depr in first and last year 83.33
Scenario1234
Purchase date1/15/20206/15/202012/15/20203/10/2020
DepretiationMonthlyMonthlyMonthlyMonthly
Jan-2083.33
Feb-20
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