Skip to Content

reg low value asset depreciation


i take asseton 30.9.2007. dep key is 100%

but my client is asked first year 50% second year 50% depreciation.

i am using fiscalyear variant v3.

pls suggest me how we can resolve the problem.



Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

1 Answer

  • author's profile photo Former Member
    Former Member
    Posted on Feb 01, 2008 at 05:56 AM


    Create the Dep Key under SLM method for 50% & specify the useful Life for that asset number as 2 years.

    Hope this solves your problem


    Veena Kunthe

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.