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Question

Fixed Asset deprection method 100% in a month

  • August 29, 2023
  • 5 replies
  • 70 views

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  • Sidekick (Customer)

Hi, How to set depreciation method so that the value is depreciated 100% in one month.

5 replies

Furkan Zengin
Ultimate Hero (Partner)
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  • Ultimate Hero (Partner)
  • August 29, 2023

Hello @TaMa 

I dont know what is your depreciation method  but in books tab, set estimated life field to 1p or 00y 01m

This should help you

 


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  • Author
  • Sidekick (Customer)
  • August 30, 2023

HI

Thank you for the answer.  I set estimated life to 1p, I also tried 00y 01m, but it didn’t calculate the depreciation 100%. Pic 2

Is the depr method then wrong created?

 

 


Furkan Zengin
Ultimate Hero (Partner)
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  • Ultimate Hero (Partner)
  • August 30, 2023

Hi

Can you change Depreciation Rate Type to Estimated Life and try again?


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  • Author
  • Sidekick (Customer)
  • August 30, 2023

Hi, I think I solved it myself. On Depreciation method I chose Use Estimated Life.


Malgorzata Palatynska
Hero (Employee)
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Hi @TaMa 

 

you can just use 1200 Factor %

 

 

Best regards,

Małgorzata