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Depreciation

Forums › FIA Forums › FA2 Maintaining Financial Records Forums › Depreciation

  • This topic has 2 replies, 2 voices, and was last updated 3 years ago by maximus07.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
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  • June 9, 2021 at 10:26 pm #624313
    maximus07
    Participant
    • Topics: 446
    • Replies: 437
    • ☆☆☆☆

    If the question is not defining that we have to charge depreciation either full year ( in year of purchase but not in year of sale) or proportionally (monthly) so in that situation what should we do?
    Please guide according to FA2.

    June 10, 2021 at 4:14 am #624340
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10583
    • ☆☆☆☆☆

    Go for the simpler approach…..all or nothing rather than counting months.

    June 10, 2021 at 4:18 am #624341
    maximus07
    Participant
    • Topics: 446
    • Replies: 437
    • ☆☆☆☆

    Thank you sir.

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘Depreciation’ is closed to new replies.

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