Basis 20% Rule
Here you can see the basis for calculation of depreciation according to the 20% rule. The data in these fields are automatically loaded by the system, but you have the opportunity to fill in these fields yourself.
- This year's acquisition. This field refers to the value of this year's acquired fixed assets that are still owned at the end of the year. The value of the asset is recorded with 80% of the entered amount.
- Previous year's acquisition. This field refers to the value of the previous year's acquired fixed assets that are still owned at the end of the year. The value of the asset is recorded with 60 % of the entered amount.
- 2nd year's acquisition. This field refers to the value of the fixed assets acquired two years ago that are still owned at the end of the year. The value of the asset is recorded with 40 % of the entered amount.
- 3rd year's acquisition. This field refers to the value of the fixed assets acquired three years ago that are still owned at the end of the year. The value of the asset is recorded with 20 % of the entered amount.
- 4th year's acquisition. This field refers to the value of the fixed assets acquired four years ago that are still owned at the end of the year. The value of the asset is recorded with 0 % of the entered amount.