Hi All,
I am facing problem in asset value ,as in asset calculation for the last year the value is wrong .
Please find the below details of Depreciation Book values
Here the shift factor is 3, useful life is 15 years with a scrap value of 5%.
assets should be depreciated in 7.5 years triple shift working.
| <2014 | INR | ||||
| 2014 | 387,941.60 | 387,941.60 | 29,887.45- | 358,054.15 | INR |
| 2015 | 387,941.60 | 51,897.50- | 306,156.65 | INR | |
| 2016 | 387,941.60 | 51,921.65- | 254,235.00 | INR | |
| 2017 | 387,941.60 | 51,921.65- | 202,313.35 | INR | |
| 2018 | 387,941.60 | 51,921.64- | 150,391.71 | INR | |
| 2019 | 387,941.60 | 51,921.65- | 98,470.06 | INR | |
| 2020 | 387,941.60 | 51,997.06- | 46,473.00 | INR | |
| 2021 | 387,941.60 | 9,259.75- | 37,213.25 | INR | |
| 2022 | 387,941.60 | 37,213.25 | INR | ||
| 2023 | 387,941.60 | 37,213.25 | INR | ||
| 2024 | 387,941.60 | 37,213.25 | INR | ||
| 2025 | 387,941.60 | 37,213.25 | INR |
Can any one tell me the reason why it is behaving diff for the last year 2021.
Regards,
Pavan
