Hi All,
How tin we acceptable up the beneath depreciation cardinal successful SAP ?
Acq Value - 20,000 , Scrap (Residual) Value = 5,000 , Useful beingness = 5 years
First 2 years , the depreciation is based connected percent i.e. 17.5%
1st twelvemonth dep = 20,000*17.5% = 3500
2nd twelvemonth dep = 20,000*17.5% = 3500
from 3rd twelvemonth onwards - it becomes based connected remaining utile life
Net publication worth of plus aft 2nd twelvemonth = 20,000-7,000 (1st 2 years dep - 3500+3500) = 13,000
Scrap Value = 5,000
Depreciation for remaining 3 years = 13000-5000/3 = 2,666.67
How tin we execute it successful a modular mode ? I judge we request to usage changeover method but not definite which enactment to use. The screenshot of depreciation calculation is attached.
Kind regards