Hi Jacopo,
Hi all,
we may use some help/advices/suggestions for the implementation of fixed asset
depreciation.
Here are the details:
https://issues.apache.org/jira/browse/OFBIZ-1539
Main points are:
1) is it ok to remove DepreciationMethod entity and use the more general
CustomMethod entity instead?
This looks good to me. Let us able to share between components.
2) where should be stored the initial purchase cost of a fixed asset?
Why not in FixedAsset itself along with date acquired ?
3) are the suggested depreciation algoritmns correct?
Except if Len Silverton was wrong they should be correct ;o)
Strange that he uses purchase cost and salvage cost without defining them. Have we missed something existing in the book
somewhere (though he only suggest these 2 depreciation methods) ? BTW salvage value seems a more appropriate label. Except if I
miss something, we need to store it also. I would propose a new field in FixedAsset long with purchaseCost : salvageValue
Sorry typo was "I would propose a new field in FixedAsset along with purchaseCost :
salvageValue"
Jacques
Cheers,
Jacopo
