Question

I’m facing an issue in SSRS Fixed assets depreciation reports which is how to calculate the depreciation value?
I’m calculation with this formula ( (ACQUISITIONPRICE / Depreciation Period) * Depreciation Remain) but the value is incorrect let’s take an example,

ASSETID,ASSETGROUP,NAME,LIFETIME,LIFETIMEREST,ACQUISITIONPRICE

BLDRNV53,Building R,WATER PROOFING WORK,60,-57,370

The Calculation In SQL Query:

SELECT     ASSETTABLE.ASSETID, ASSETTABLE.ASSETGROUP, ASSETTABLE.NAME, (ASSETBOOK.LIFETIMEREST * (ASSETBOOK.ACQUISITIONPRICE / ASSETBOOK.LIFETIME)) as AccDep
FROM         ASSETBOOK INNER JOIN
                      ASSETTABLE ON ASSETBOOK.ASSETID = ASSETTABLE.ASSETID AND ASSETBOOK.DATAAREAID = ASSETTABLE.DATAAREAID
WHERE       (ASSETBOOK.DEPRECIATION = 1) AND ASSETBOOK.STATUS = 1

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Example:
( (370/60) * -57) = -351.5 But System report is calculating it -350.550 there is 0.95 difference and the whole depreciation values have small difference like this.

Please Help

Answer 1

What the equation missing is the Fixed Assets Scrape Value which is 1.000 for the Asset in the example, so the equation is (((Acquisition Price - Scrape Value) / Depreciation Period) * Depreciation Remain)

let’s fill it with numbers:
(((370 – 1) / 60) * -57) = -350.550

Thanks all for your help