Depreciation calculation method is used to save monthly production quantity on year basis for fixed assets with production quantity. It is located in F9-right mouse button menu of fixed asset records window.
In production capacity window, monthly production quantity is saved by selecting the required year with "New" button.
When year value is changed, production quantities are updated. Total of entered production quantities can not be bigger than production capacity specified in fixed asset record.
Periodical depreciation amount is calculated as below.
[Monthly Production Quantity*( Input Cost - Salvage Value)]/Production Capacity
Example:
A calculation for a fixed asset of which input cost is 70.000 TL and salvage value is 10.000 TL and estimated to produce 6.000 pieces during its service time:
Depreciable Expense= 70.000-10.000 = 60.000 TL
Depreciation amount per production unit= 60.000 / 6.000 = 10 TL
Annual production quantities are 1000, 1100, 1200, 1300, 1400 respectively.
In this case, depreciation table will be as below:
Opening Book Value |
Periodical Production Quantity |
Periodical Depreciation |
Accumulated Depreciations |
Year-end Book Value |
70,000 |
1,000 x |
10 x 1.000 = |
10,000 |
60,000 |
60,000 |
1,100 x |
11,000 |
21,000 |
49,000 |
49,000 |
1,200 x |
12,000 |
33,000 |
37,000 |
37,000 |
1,300 x |
13,000 |
46,000 |
24,000 |
24,000 |
1,400 x |
14,000 |
60,000 |
10,000 (Salvage Value) |