Group Assets Depreciation Calculation
Hi,
I created an asset (Asset number 1460 ) as Group asset and added 3 assets under the group asset.
Assets under group assets.
1460 (Group Asset) - life years 10 years & Date placed in service - 19th August 2020
1461 - 200,000 - life years 10 years & Date placed in service - 19th August 2020
1462 - 100,000 - life years 10 years & Date placed in service - 19th August 2020
1463 - 50,000 - life years 10 years & Date placed in service - 19th August 2020
When we ran depreciation , the depreciation amount was calculated 2,964.48
Please let us know how the depreciation amount is calculated.
Please refer attached document for asset screenshots
Regards,
SM