Well the durable life and residual value are implicit in the
depreciation rate.
i.e. if you expect the item to have a life of 5 years with a residual
value of 0 then the depreciation rate is 20% straight line.
so in fact you only need to enter the depreciation rate
Phil
Phil Daintree
Logic Works Ltd - +64 (0)275 567890
http://www.logicworks.co.nz
On 23/10/14 23:08, Jiro Akits wrote:
> Hi, Phil After the trial for two days. Implementation of the asset
> import script, and then execute the depreciation journal
> (FixedAssetDepreciation.php) Will update some accumulated depreciation
> and book value of the system is calculated automatically. There is a
> place, or do not understand? Why is there no durable life and
> estimated residual values of these two fields? In fixedassets and
> fixedassettrans two table did not see these two fields , Ask webERP
> logic is how? Or abroad have never had these two fields? In addition,
> from Z_ImportFixedAssests.php script, its depreciation expenses:
> (Original cost - accumulated costs) * depreciation rate% /
> 100/12 Depreciation of the above formula seems only a year, I do not
> know if my understanding is wrong? ? Jiro Akits
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