I am going to set up SAP programme in a Pvt. Ltd. company of rubber product mfg. Can I know which depreciation method should i have to choose WDV or SLM and what rates of that?
Deepak Gupta (Service) (30 Points)
25 January 2009I am going to set up SAP programme in a Pvt. Ltd. company of rubber product mfg. Can I know which depreciation method should i have to choose WDV or SLM and what rates of that?
V P Narasimhan
(Accounts Manager)
(791 Points)
Replied 25 January 2009
| Originally posted by :Deepak Gupta | ||
| " | I am going to set up SAP programme in a Pvt. Ltd. company of rubber product mfg. Can I know which depreciation method should i have to choose WDV or SLM and what rates of that? | " |
Hi
I think it depends upon company's depreciation policy/management decision. Its better to opt WDVinstead of SLM. Ofcourse a seperate Depreciation has to be calculated for IT purpose as per IT act.
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