hi,
just want to ask how NAV wil behaviour if things like this happens...
if say, the FA being appreciated;
date: 31/10/2009 - $10,000 (depreciation @ 10%)
depreciation: $100
date: 01/01/2010 - $1,000 (appreciation - 10% depreciation)
Total FA - $11,000
depreciation: $1,100 (depreciation @ 10%)
or if there is anyway to reduce the value?
because some assets value reduces, what is the standard NAV procedure?
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Comments
It is a very complete application that allows complex depreciation methods and even custom methods.