Depreciation key for additions

[Former Member]

Dear All,

We have a requirement with asset depreciation...

Client needs the depreciation to be calculated for the 6 months to be 17.5% and next 6 months to be 35%.

Current year 2009

Additions for this year (Plant-Asset Class)

First 183 days - Depreciation should calculate 17.5%

Second 182 days - Depreciation should calculate 35%

How this can be achived

[MarkusBredel · Accepted solution]

Hi,

use a multi-level method with 2 levels. First one valid 6 months, using stated percentage rate 17,5%. Second level using stated percentage rate 35%.

Regards,

Markus

[Former Member · Accepted solution]

N

[Former Member · Accepted solution]

Dear Markus,

Thanks. I have created the multi-level method with 2 levels they are as follows...

Acq year Year Period Base value Percentage

9999 999 6 24 35%

9999 999 12 24 17.5%

But still it is taking only the 35% if i aquire the asset in 1.10.2009

Please suggest

[dominic_holdstock · Accepted solution]

Hi,

Your settings are incorrect in the method.

It should be

Acq year Year Period Base value Percentage

9999 0 6 24 35% < First 6 months

9999 1 0 24 17.5% < Next 6 months

9999 999 0 24 XX% < Remainder.

Kind regards

[Former Member · Accepted solution]

Dear Dominic Holdstock,

Thank you. Its done.

[Former Member · Accepted solution]

Dear,

Dominic.

Could you please let me know that what shoule be the specifications for Base Method & Period Control Method ?

Please I need your help in this matter.

Period Control method

01 01 02 02 should be defined like this ?

And what should be base method ?

or I need to use Declinig Balance Method ?

Please help.

Regards ,

Pankaj.

[Former Member · Accepted solution]

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