The formula gives you annual rate hence in last year it gives 12 months dep
not for remaining period.
Cheers!!
On Sat, Aug 16, 2014 at 11:01 AM, Kanwaljit Singh Dhunna
kanwal...@gmail.com wrote:
Dear All,
I am trying to calculate Written Down Value Rate for calculating
depreciation on
Dear All,
I am trying to calculate Written Down Value Rate for calculating
depreciation on the basis of WDV method by using the following formula.
Rate = [1 - (Scrap Value / Total Cost ) ^ (1/Life) ] * 100
If the life is in Number of Exact years, the rate derived is accurate, but
if the life of
