Do you download Excel template for Companies Act depreciation calculation for each year ?
Have you been finding depreciation calculation template for financial year 2018-19 ?
Do you upload opening balance, addition, deletion in each year in different templates ?
Problem of calculating depreciation year on year is over. Here comes perpetual depreciation calculator.
This tool has been designed after intense research on application of time value of money concept to WDV depreciation calculation. This tool has been tested on several scenarios to cover all exceptional cases. Add basic details of assets and rest all is automatic, depreciation calculation, gain/loss on sale of assets, capturing it in the Fixed Asset schedule.
Suggestion, feedback, issues can be shared with you on firstname.lastname@example.org