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