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Former Member
Jun 29, 2015 at 07:44 PM

To depreciate 150% of the asset over useful life



We have a requirement in Denmark Tax purpose, to depreciate 150% of the asset (purchased between Jan 2015 and Dec 2015) cost over the useful life. For example if the cost of the asset is 10000 USD and useful life is 10 years then depreciation can be claimed on 15000 USD @ 1500USD per year for the next 10 years.

I have realized after several attempts that it may not be possible to configure a depreciation key to depreciate 150% of the acquisition cost over useful life.

Is there an easy way to do this?

If we create a new depreciation area , can we selectively activate the new depreciation area in only few assets of an asset class.

Please clarify.

Best wishes