Hello,
In one of the roll-out I have come across specific requirement in Netherlands related to depreciation charge.
APC Value - 100000
WOZ Value - 90000
Useful life of the Asset - 20 Years
WOZ Value is the Govt. determined value of the asset. Your NAV of the asset should not go down below this Value.
So effectively, the Depreciation is 500 p.a.(100000-90000).
My Book Depreciation(01) and Group depreciation(30) should post 5000 p.a.
Can you please provide any leads to handle this situation.
Thanks and Regards
Balaji