Depreciation Method 150% DDB 200% DDB SL SYD
Asset Class
Fixed Asset Record With Depreciation Date:
Asset Name Asset Class Description Physical Location Asset No. Serial No. Acquisition Date Acquisition Cost Depreciation Method Useful Life (Years) Previous Salvage Value Depreciation First Year % 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Depreciation This Period
Total
0
0
0
0
Abbreviation Depreciation Method SL Straight-line depreciation
150% DDB
150% declining balance depreciation
200% DDB
200% declining balance depreciation
Description Calculates straight-line depreciation based on the asset's cost, salvage value, and estimated economic life. Calculates 150% declining balance depreciation based on the asset's cost, salvage value, and estimated economic life. It switches to straight-line depreciation at the point when straight-line depreciation exceeds declining balance depreciation. Calculates 200% declining balance depreciation based on the asset's cost, salvage value, and estimated economic life. It switches to straight-line depreciation at the point when straight-line depreciation exceeds declining balance depreciation.