FA depreciation with residual value

Hi there,

In Fixed Assets I have set up an object with  Depreciation Method Streight Line and with a Residual Value:

after  running the Depreciation Proposal it appears that the calculation is done without taken into account this residual value.

In figures:

Aq. value : 13000

Res value :1000

Est life :  5 years

Depr amount per month : 216.67  ( = 13000 / 60 months)

Expected depr per month : 200.00 ( = 12000 / 60 months)

The test was done with 2 different ‘method types’ :  ‘streight line’ and ‘RemValue/RemMonths’ but that had no effect on the amount per month ( remains 216.67 )

Does anyone know how this must be solved?

Your help will be very much appreciated

Regards,

Martin Broekman