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https://issues.apache.org/jira/browse/OFBIZ-1539?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=12557568#action_12557568
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Jacques Le Roux commented on OFBIZ-1539:
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Sumit,
1. You agreed on ML
2. You are right
http://en.wikipedia.org/wiki/Depreciation#Declining-balance.2FReducing_balance_depreciation.
This is why I suggested on ML to store the salvageValue along with
purchaseCost in FixedAsset entity to follow dateAcquired. Maybe we could use
another name for salvageValue, like netBookValue. Actually netBookValue is more
appropriate but both seems good to me.
3. No ideas (time actually) yet....
> Implement fixed asset depreciation (methods)
> --------------------------------------------
>
> Key: OFBIZ-1539
> URL: https://issues.apache.org/jira/browse/OFBIZ-1539
> Project: OFBiz
> Issue Type: Sub-task
> Components: accounting
> Affects Versions: SVN trunk
> Reporter: Jacopo Cappellato
> Assignee: Ashish Vijaywargiya
> Priority: Minor
>
> New entity, crud services and ui, and pluggable services for account
> depreciation algorithms.
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