Fixed Assets - EBS (MOSC)

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Which functionality is applicable to Low Value Pool assets

edited Mar 20, 2025 5:23AM in Fixed Assets - EBS (MOSC) 5 comments

In Australia, for assets costing between $100 and $1000, the depreciation is calculated based on the pooled value. Depreciation Rate is calculated at 18.75% on the year of addition and then 37.5% on years after.

I was able to define the depreciation diminishing value with 37.5% rate and assigned the half-year prorate

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