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Former Member
Feb 27, 2011 at 01:22 PM

Depreciation on acquisition value

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Dear Experts,

I appreciate if anyone can assist on the following:

When I refer to Note 46456 on subsequent acquition and production costs, the depreciation of the acquisition value will be as below:

The subseqent acquisiton 50 is on year 03

Year Cost Depn _____ NBV

01 ___ 100 ___ 20 _(100/5) ___ 80

02 ___ 100 ___ 20 _(100/5) ___ 60

03 ___ 150 ___ 30 _(150/5) ___ 80

04 ___ 150 ___ 30 _(150/5) ___ 50

05 ___ 150 ___ 30 _(150/5) ___ 20

06 ___ 150 ___ 20 _ (150/5) ___ 0

How do I achieve the below if I want to use specific depreciation key? Perhaps a depreciation key that may be able to calculate the additional 20 in the 3rd year without having to post unplanned depreciation?

Year Cost Depn _____ NBV

01 ___ 100 ___ 20 _(100/5) ___ 80

02 ___ 100 ___ 20 _(100/5) ___ 60

03 ___ 150 ___ 50 _(150/5) ___ 60

04 ___ 150 ___ 30 _(150/5) ___ 30

05 ___ 150 ___ 30 _(150/5) ___ 0

The useful life of the asset will remain 5 years. The 20 will be charged on the 3rd year ie the year the susbequent acquisition occurs.

Please advise. Thanks

Regards

Fauzi