Question

FA Depreciation method, additions evenly within estimated life

  • 16 August 2022
  • 1 reply
  • 62 views

Hi,

How to set up a depreciation method that will calculate monthly depreciations evenly within the estimated life time when there have been additions along?

E.g. 

Acquisition value is 102.601, started 5/2014, estimated life time 10 years.

At the time of migration 4/2021 the accrued depreciations are 65.419 resulting net value of 37.182.

How to get IFS to calculate depreciation of 1.033 per month for the each remaining 36 months?

thanks

best regards,

tanja


1 reply

Userlevel 7
Badge +16

Hello, 
I think the correct method is “Remaining Value/Remaining months” or “Remaining  Value/Remaining Periods”. These methods simply calculate number of months/periods until end of object life and dividing current net value by this number. Method parameter “Change base value” should be set to “Depreciation period” to recalculate net value each month.

 

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