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Depreciation Keys?
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Answer Posted / siva
Depreciation key is to specify the Dep method ( WDV/ SLM & Rate or Useful Life)
In addition to these, we put some controls to restrict the mastakes may be done by End users.
Base Line Method, it specifies depn to be calculated on the basis of useful life or %..
Deciling balance method - It specifies min% & Max% in which dep to be allowed ( If useful life wrongly taken by end user it will restrict)
Max amount method - It specify the amx amount that can be allowed ( Control to restrict the mistake)
Period COntrol Method - It specifies the depn to be taken for whic period
Multi Level Method - It specifies the method of Depn ( whether SLM/ WDV)
In this Base Line Method, Period Control Method & Multi level method are mandatory
Max Amount Method & Declining methods are for controls ( Optional)
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