Asset Depreciation

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wrinklytech
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Asset Depreciation

Post by wrinklytech »

Just joined forum, so not sure if this has been asked before; it would be very useful in my case if it was possible to depreciate assets in other than straight-line, which appears to be the only way possible. This particularly applies to property values, which move in anything but straight-line ways!
Nikolay
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Re: Asset Depreciation

Post by Nikolay »

What other options are possible?
wrinklytech
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Re: Asset Depreciation

Post by wrinklytech »

For my purposes, a variable amount (either + or -), which could be allocated every financial year.
siowena
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Re: Asset Depreciation

Post by siowena »

Can you add or deduct value from the asset as it appreciates / depreciates to adjust it's current value? Set the % to zero.
Nikolay
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Re: Asset Depreciation

Post by Nikolay »

wrinklytech
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Re: Asset Depreciation

Post by wrinklytech »

siowena wrote: Thu Oct 29, 2020 7:25 pm Can you add or deduct value from the asset as it appreciates / depreciates to adjust it's current value? Set the % to zero.
Don't think this works, but thanks for the suggestion.
wrinklytech
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Re: Asset Depreciation

Post by wrinklytech »

Exactly what's needed :) If a category is required, I'd suggest 'Market Adjustment'.
Last edited by wrinklytech on Fri Oct 30, 2020 5:42 pm, edited 1 time in total.
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