Hello,
I'm trying to create depreciation key for vehicles in Turkey.
I already have Note 868774 Turkey : special depreciation for vehicles.
When I tried to create depreciation key (page 3 b. ), there are no information regarding "assignment of calculation" for the depreciation key.
does anyone know how to create this depreciation key?
we have 2 different depreciation area 1 for book depreciation (plain normal straight line ) and 70 for Turkish tax depreciation.
in Note 868774, it's using ordinary depreciation and special depreciation. but I honestly could not understand it clearly.
depreciation have to be done like below.
Year Depreciation NBV Unposted depr.
2000 8,33 (=5/60100 ) 91,67 11,67 (=7/60100%)
2001 20,00 (=12/60*100) 71,67
2002 20,00 (=12/60*100) 51,67
2003 20,00 (=12/60*100) 31,67
2004 31,67 (=12/60*100+Unpost.depr) 0
in 5 years, depreciation should be completed, so unposted depreciation from acquisition year should be taken care of in last year.
if you have any experience on this, please help me to setup .
Thanks in advance.