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Nov 11, 2007 at 02:59 AM

Depreciation

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Hi All,

I have a situation where for vehicles, the company do not want to consider the depreciation by useful life in years, they want to calculate depreciation by useful life in kilometers. For example, if the acquisition value is 100000 and the useful life in kilometers is 500000, then the depreciation will be calculated @ 0.2/km. How to do this.

Thanks

Sridevi