Custom depreciation table with rate by day

  • Custom depreciation table with rate by day

    Posted by DSC Communities on June 16, 2017 at 3:30 am
    • Sue Barrett

      Member

      June 16, 2017 at 3:30 AM

      Does anyone know of a way to structure standard NAV in order to achieve a custom depreciation table by day?
      Our machines are depreciated based upon the forecast income of the machine and the current rate table has a specific % per day.
      The custom depreciation table only allows for periods of Month, Period, Quarter and Year – not Day.
      I have thought of using Period – and then adding Day records to the Accounting Period table – but I’m not how you tell the depreciation process that “Period” represents the Day records.
      To throw a further curve ball in – the daily depreciation rate tables are adjusted periodically as income trends change.
      The depreciation for each month also has to represent the calendar days in the month – not 12 equal months.
      Any feedback is much appreciated.

      ——————————
      Sue Barrett
      Consultant
      Sudbury
      ——————————

    • Devang Mehta

      Member

      June 25, 2017 at 5:17 PM

      ?I have not heard this requirement before – Custom Depreciation by day – I suspect this will require a modification in your system.Ā Ā Ā 

      ——————————
      Devang Mehta

      ——————————
      ——————————————-

    DSC Communities replied 8 years, 9 months ago 1 Member · 0 Replies
  • 0 Replies

Sorry, there were no replies found.

The discussion ‘Custom depreciation table with rate by day’ is closed to new replies.

Start of Discussion
0 of 0 replies June 2018
Now

Welcome to our new site!

Here you will find a wealth of information created for peopleĀ  that are on a mission to redefine business models with cloud techinologies, AI, automation, low code / no code applications, data, security & more to compete in the Acceleration Economy!