Salvage value is not excluded while using Table method with NBV
Hi,
I am using the table method with the calculation basis set to NBV for calculating depreciation. Also, I have checked the tick box to exclude the salvage value while calculating depreciation.
And its working fine the system is calculating the depreciation as per the annual rates provided by me in the table but it is calculating the depreciation on NBV instead of (NBV-SALVAGE VALUE).
OUR REQUIREMENT=
(NBV-SALVAGE VALUE) * DAYS ASSET USED IN CURRENT YEAR/TOTAL REMAINING LIFE OF ASSET (IN DAYS)