08 May 2013
What do you mean by Single Shift depriciation, double shift depriciation, triple shift depriciation ? Also let me know while maintaining Fixed Assets Register of the company which method is used SLM or WDV....?
23 June 2013
Before any depreciation is charged the policy for charging depreciation is finalized by the Board of Directors in any meeting. Once it has been finalized the same has to be followed every year any change requires approval from shareholder.
Sift means 8 hours working. The expert has given correct reply for shift and I agree with him as well as charging of method of depreciation.