Example - Straight-Line Depreciation

A fixed asset has an acquisition cost of LCY 100,000. The estimated life is eight years.

The Calculate Depreciation batch job is run biannually. The FA ledger entry looks like this:

Date FA Posting Type Days Amount Book Value

01/01/00

Acquisition Cost

*

100,000.00

100,000.00

06/30/00

Depreciation

180

-6,250.00

93,750.00

12/31/00

Depreciation

180

-6,250.00

87,500.00

06/30/01

Depreciation

180

-6,250.00

81,250.00

12/31/01

Depreciation

180

-6,250.00

75,000.00

06/30/07

Depreciation

180

-6,250.00

6,250.00

12/31/07

Depreciation

180

-6,250.00

0

*Depreciation start date

See Also

Other Resources

Calculate Depreciation