Skip to main content
Solved

Declining Balance based on Percentage and Not Useful Life

  • August 26, 2024
  • 1 reply
  • 30 views
J
Freshman II

Hi, 

I have a client in Canada who wants to use the declining balance but it seems the calculation method is being based on the useful life. Is there a preconfigured method that is already setup in Acumatica that simply just depreciates the NBV by a percentage? 

 

Any help would be greatly appreciated.  

Best answer by Laura02

Hello,

It seems like this Idea posted in Acumatica Community matches what you are asking for:

https://community.acumatica.com/ideas/fixed-assets-depreciation-declining-balance-6286

Please vote.

 

Laura

View original
Laura02
1 person likes this
  • Laura02
    Laura02
Did this topic help you find an answer to your question?

1 reply

Laura02
Captain II
Forum|alt.badge.img+19
  • Laura02
  • Captain II
  • 3132 replies
  • Answer
  • August 26, 2024

Hello,

It seems like this Idea posted in Acumatica Community matches what you are asking for:

https://community.acumatica.com/ideas/fixed-assets-depreciation-declining-balance-6286

Please vote.

 

Laura

Laura ~ Klear Systems, Inc. Irvine, CA. ~ Click my logo to Follow me ~
Chris Hackett
J
2 people like this
  • Chris Hackett
    Chris Hackett
  • J
    jlaforge

Reply


Most helpful members this week

Terms & ConditionsCookie settings

Cookie policy

We use cookies to enhance and personalize your experience. If you accept you agree to our full cookie policy. Learn more about our cookies.

 
Cookie settings
About Acumatica ERP system
Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Built on a future-proof platform with open architecture for rapid integrations, scalability, and ease of use, Acumatica delivers unparalleled value to small and midmarket organizations. Connected Business. Delivered.
© 2008 — 2024  Acumatica, Inc. All rights reserved