Depn. - Straight Line Method Help

Hey guys.

 

I require some help in computation of depreciation under straight line method for a certain entity. WDV is extremely easy to recompute.

 

Now I have an entity for which audit is being done a period between Apr to Nov. There are several FAs added mid month's.

 

Now the underlying question her is, is there an easy formula that I can apply across all the assets for computing depn. for the period?

Replies (3)

Please find attached file and revert

The file i think is locked or the formula isnt working correctly. When I enter my data the computation shows #VALUE!

Dear Abhishek,

 

Just do following and then try to resolve your computation

 

Go to Start Menu => Control Panel => Regional Setting => Customize => Date => select format dd/mmm/yy and the sheet will work

 

Regards

 

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