vasudevareddy
16th May 2008, 14:30
Hi Every one,

Please anybody help in this problem, I have created a asset and made applicabe to two sets of books one book is straight line method and another book is declining method.

My system is calculating depreciation straight line method correctly.

But in decling method depreciation is calculating on the depreciation of the straight line method.

Ex. cost Rs 10000
Life 10 years
SLM Method: depreciation Per month 83.333
Declining method is calculating on 83.333 and it is showing 8.33 i have decling method 10% as my rate for decling method.

Please provide me solution if anybody knows

Thanks

Vasu