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Former Member
Dec 01, 2008 at 07:34 AM

Equal Depreciation in no. of years

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Hi Experts

My client wants to change dep. calculation method from WDV to equal distribution of dep. in no. of years.

Till 31/3/08, assets were depreciated with WDV calculation, now after 1/4/08, client wants to change it to Pro Rate calculation, like dep. should be calculated eaqually in no. of years of life of assets.

for example :

assets purchased on 20/3/08, life of asset 3 years value of asset 75000

Fiscal year April to March

dep. calculation shoule be Rs. 25000 in first year ending 31st March-2008

Rs. 25000 in second year ending 31st March-2008

Rs. 25000 in thrid year ending 31st March-2008

Kindly advise how to customize, dep. key to have above results.

Rg

Vijay Puri

9871515683