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reg low value asset depreciation

hi

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.

regards

samba

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

    Hi

    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

    Regards

    Veena Kunthe

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