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Oct 14, 2010 at 08:11 AM

depreciation for vehicles in Turkey.

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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.