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View Patch #50.006.001
Description
Patch ID:
Date Implemented:
Patch Title:
Patch Type:
Request IDs:
Bug
Enhancement
Other
02002 -
Asset Register - Simple Declining Balance & Half-year rule.
Enhancement Description:
Provide new declining balance method of depreciation.
Solution:
A new method of depreciation has been added to the asset register application. Simple Declining Balance asks for a depreciation percent by which the asset is depreciated. A half year rule can also be applied when using this method. If the half year rule is applied, the asset will only be depreciated by half of the normal amount for the first year.
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