Depreciation on Fixed Assets

  • Depreciation on Fixed Assets

    Posted by nazimlalji@hotmail.com on October 10, 2017 at 3:10 pm
    • Najeem JanatAli

      Member

      October 10, 2017 at 3:10 PM

      Hi

      Please can any one advise/suggest

      Is Depreciation computed on 30 days (fixed) each month or based on number of days in month: like
      Jan 31 days, Feb 28 or 29 days, Mar 31 days, April 30 days
      It varies from 31 to 30 days?

      Please advise

      Thanks

      ——————————
      Nazim
      ——————————

    • AndrĆ© Arnaud de Calavon

      Member

      October 10, 2017 at 5:49 PM

      Hi Nazim,

      The depreciation calculation is based on periods. It is not using the number of days per period unless you have a first depreciation starting in the mid of a month.

      ——————————
      kind regards,

      AndrƩ Arnaud de Calavon
      Kaya Consulting
      The Netherlands
      ——————————
      ——————————————-

    nazimlalji@hotmail.com replied 7 years, 11 months ago 1 Member · 0 Replies
  • 0 Replies

Sorry, there were no replies found.

The discussion ‘Depreciation on Fixed Assets’ 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!