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Nov 22, 2011 at 06:15 AM

Calculation of Asset Depreciation based on SLM or WDV



In our group of companies, we are depreciating assets based on requirement with either SLM or WDV method.

Generally as per my understanding, system is calculating depreciation based on class (where either Straight line or Declining balance depreciation is maintained.) which has been maintained in depreciation key definition (Assignment of calculation methods).

I have observed that in some of depreciation key though it is blank in Class, system is calculating correct depreciation for either WDV or SLM method. Is there any other setting for selection of relevant depreciation method from which system is calculating correct depreciation?


Taral Patel