Skip to Content

Month Wise WDV Calculation

Hello Experts,

I am facing a scenario from client, where they require month wise WDV depreciation calculation based on NBV. Following is required from client:

Acquisition Cost: 100,000/-

Acquisition Date: 01.01.2018

WDV Rate: 10% per anum (Declining balance method)

I created a Z Dep key with following parameters:

Base Method: 0012

Dec.-bal. method: 001

Period Control: 001

Multilevel Method: Z10

(Acq Year: 9999, Years: 000, Period: 0, Base Val. 24, Percent: 10)

System is performing calculation based on the year value and is proposing depreciation as follows of 10,000/year and 833.33/month. However, client require calculation as follows:

is there any way, we can achieve the desired results?

BR,

Amar Lal

dep.jpg (31.9 kB)
Add comment
10|10000 characters needed characters exceeded

  • Get RSS Feed

2 Answers

  • Mar 31 at 01:44 PM

    It means written down value. Its commonly used for declining based method

    Add comment
    10|10000 characters needed characters exceeded

  • Apr 11 at 11:31 AM

    Hi Amar,

    Please do the below changes and check.

    1. Update the Class as "Declining-Balance depreciation' and this field is located right below to the Multilevel Method in AFAMA.

    2. In Multilevel method, update Years: 999, Period: 12

    This should work.

    Thanks,

    NSK

    Add comment
    10|10000 characters needed characters exceeded