Variable portion for Multi-shift-depreciation.

[Former Member]

Hi,

I am using Multi shift depreciation for Depreciation calcualtion as per

The Indian Company Act.

Rates of depreciation are Single Shift-4.75%, Double shift-7.42%,

Triple shift-10.34%. Variable component for double shift will be 56.21

and 117.68 for triple shift.

As the variable component factor is not proportionate for double shift

and triple shift, Depreciation calculation is not correct.

Kindly advise.

Regards

Dwijendra

[MarkusBredel]

Hi Dwijendra,

sorry, but in how is the calculation incorrect? What is the system result? And what is your expected result?

Regards,

Markus