Dear Experts
How to configure Depreciation key for MACRS-5 years and 7 years.
Also Please help me in understanding the role of phases in Depreciation keys.
Client is having different percentages for 5 Years
1 year- 20% Diminishing Balance Method
2 Year-32% Diminishing Balance Method
3 Year -19.2% Diminishing Balance Method
4. Year -11.520% Straight Line Method
5 Year-11.520% Straight Line Method
6 Year-5.760% Straight Line Method
Another scenario is for Special Depreciation is 50% in the 1st year and for the remaining 50% of the
acquisition value, the above percentages are to be applied.
Need help in assignment of calculation method configuration. Please help me the configuration steps for this scenario.
Thanks in advance
Devi