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Hello. In our previous fixed asset software (SAGE), it had a MACRS depreciation method with automatic switching to straight line when optimal. Is there something similar in IFS Fixed Assets?

 

Below is one of the default MACRS depreciation methods in IFS. Is it possible to modify this so that it automatically switches to straight line when it is optimal (ie. when depreciation under straight line becomes larger than under declining balance)?

 

 

Below is an example what we would like to achieve. Is there a depreciation method available in IFS that would depreciate like below? 

 

 

I would appreciate any help on this. Thank you.

Hi,

 

this should work when you use the highlighted function:

Kind regards

Ralph

Hi,

 

this should work when you use the highlighted function:

Kind regards

Ralph

 

Hi Ralph, thanks for replying. I thought about using this and choosing the Straight Line option but it requires a Switch to Factor which I am unsure of. Do you know what factor should be used so that the switch occurs optimally (ie. when the straight line depreciation becomes larger than the declining balance depreciation)?

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