Depreciation @ 15% per month WDV

[former_member211635]

Dear All,

We require 15% depreciation at declining balance method based on following calculation mechanism

Month	Opening Book Value	Depreciation %	Dep for month	Closing Book Value
1-Apr	100.00	15%	15.00	85.00
1-May	85.00	15%	12.75	72.25
1-Jun	72.25	15%	10.84	61.41
1-Jul	61.41	15%	9.21	52.20
1-Aug	52.20	15%	7.83	44.37
1-Sep	44.37	15%	6.66	37.71
1-Oct	37.71	15%	5.66	32.06
1-Nov	32.06	15%	4.81	27.25
1-Dec	27.25	15%	4.09	23.16
1-Jan	23.16	15%	3.47	19.69
1-Feb	19.69	15%	2.95	16.73
1-Mar	16.73	15%	2.51	14.22

BR

Nishu

[former_member211635]

Dear all,

Any update on the issue as mentioned described above?

Thanks

Nishu

[Former Member]

Hi Nishu,

Please see the below link :

http://scn.sap.com/thread/3595810

This is based on Companies act 2013, Hope this helps !

Regards,

Prakash

[former_member211635]

hi

In the link attached depreciation provided is per annumn, whereas I require it based on per month WDV calculations

Thanks

Nishu