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Question from RashmiSagi on Jul 29 at 5:53 AM Hope some Fixed Assets SME/Guru can help suggest on how I can proceed with the configuration of below depreciation req't for Japan:
*90% straight-line depreciation during the planned useful life of the asset
*5% depreciation in the 1st year after end of useful life
*1% depreciation in the 2nd year until the 6th year after end of the useful life.
*1 JPY Scrap value
E.G.
APC = 1000
Useful life = 10 years
1-10 years depreciation = 90/year
11th year (1st year after end of UL) = 50
12th year until 15th year (2nd year to 5th year after end of UL) = 10/year
16th year (6th yr after end of UL) = 9 (1 remains as scrap value)
Note: I have tried to fulfill this by creating several phases for the dep key and by using the multilevel method however I'm getting warning messages.
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