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Two percentage depreciation key

ddalvi22
Discoverer
0 Kudos
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Hello experts,

My client has requirement for a depreciation key.

20% of cost is charged in first year only.

Remaining value depreciated over useful life of assets.

Cost 600,000

Useful life 6 years

 Year 1Year 2Year 3Year 4Year 5Year 6Total
Cost X 20%120,00000000120,000
(Cost X 80%)/Useful life80,00080,00080,00080,00080,00080,000480,000
 200,00080,00080,00080,00080,00080,000600,00

Please help to meet requirement.

Regards,

Deepak

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