Automatic Depreciation Calculator as per Companies Act 2013
Format Items Example:
S.no Description Category Carrying value if purchased before 1/4/2014 or purchase cost Date of purchase Salvage value(Upto 5% of cost If sold during the year(Mandatory) Date of Sale(Leave Empty if no Sale) Sale Price(Leave empty if no sale) Useful life Remaining Life.
Retained earnings effect Depreciation Rate for the whole or part of year Depreciation
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Format Items Example:
Retained earnings effect Depreciation Rate for the whole or part of year Depreciation
Asset (Select from drop down menu) WDV as on 01/04/2014 Retained Earnings effect Additions during the year Total Deletions During The year Depreciation for the year WDV as on 31-03-2015
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MV-Motor Cycles, Scooters, Mopeds - - - - - - -
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