NBV Depreciation Method
Implementing Fixed Assets for a company that uses NBV method to depreciate. I want to use Straight-Line depreciation monthly but base it on NBV not Cost. What is the best option to accomplish this? I see that Calculated cannot be used with NBV in the Depreciation methods.
Do I create a formula based NBV depreciation method? If so what would the formula look like?
Do I use STL in combination with Amortize Adjustments? If so how can I default that option to be checked always instead of leaving up to the user to remember?
Is there another option I'm missing?