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Former Member

How can we set % method in fixed Assets WDV method

Hi All,

Our customer wants to set WDV method percentage wise. So how can we set % in WDV with declining method.

I have created WDV 10% and WDV 20% in depreciation type window with calculation base monthly.

But the system is not calculating depreciation according to percentage defined in the depreciation type window. For Example:

FA Item Cost = 10000

Depreciation = WDV 10%

Useful Life = 120 months

System calculates depreciation in 1st year =1000

In 2nd Year = 900 and so on

In the second Case when depreciation type is WDV 20%

System calculates depreciation in 1st year =1000

In 2nd Year = 900 and so on..

So my question is that how will system consider percentage and how percentage process will work in FA in WDV method.

Thanks

Amit

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