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Depreciation Key Setting for 400% Tax Depreciation Allowance

Hi Experts,

We need to configure a tax deprecation key for Singapore and the requirement is:Base of depreciation calculation is always APC * 400% only first year and after first year no more depreciation should be to be done. I have tried in Dev with below setting for Dkey, but it's not working as expected:

Base method: 0015 Ordinary: explicit percentage (below zero)

Decl.-bal. method: 001

Multilev.meth.: ZXX 400.000% (no changeover)

Please help have a look and thanks in advance.

Regards,

Shasha

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1 Answer

  • Apr 10, 2017 at 07:54 AM

    I've figured out.

    Thanks.

    Shasha

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