Depreciation

[pradeepora.apps]

Hello all

Different Depreciation rates for one asset is required in cases at the time addition to the existing asset

if any body please send me the procedure how to full fill this requirement


Regards
Pradeep

[Anjireddy.r12]

Hi,

I think, you mean, when adding an asset into books you want List of values for Depreciation Method and Rates.

In depreciation method creation, you can give the various depreciation rates,

EX: Method: Reducing balance Method
Rates: 5%, 10% , 15%,.....

So when you are selecting the Depreciation method automatically lists all the rates, you can select the whatever rate you want.

Note: You cannot assign at a time two or more depreciation rates for an Asset in Single Book. if you want multiple rates then you need to maintain multiple books.


Thanks & Regards,
Anjireddy.