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Former Member
Dec 08, 2008 at 09:06 AM

Depreciation on Net Book Value

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Hi,

I have posted asset acquisition with 100,000 in Dec 2008. After this i posted 30,000 as unplanned depreciation in Dec2008. Now my problem is that I want to calculate depreciation on NBV i.e. 70,000 with useful life of 4 years. The depreciation for December 2008 should be 1458.

Could anyone please let me know what settings to be maintained in Depreciation key, so that depreciation calculation will happen as above.

Points can be assigned.

Thanking you

Veena