Method 06, Fixed Percentage on Declining Balance

When you use the fixed percent on declining balance depreciation method, you must indicate one of these methods of computation:

Calculation Method	Description
Current year-to-date (C)	((Cost - (accumulated depreciation)) * (fixed percent))/ (number of normal periods) = (period depreciation)
Current period (P)	The current period method of computation is the same as current year-to-date, except that it does not catch up depreciation amounts within the year. If you run the first depreciation in March, the system calculates depreciation for March only. The system does not calculate depreciation for January and February.