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https://issues.apache.org/jira/browse/OFBIZ-1539?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=12557967#action_12557967
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Sumit Pandit commented on OFBIZ-1539:
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Jacques, I think you are little bit confused in definition of NetBookValue and
salvage value, they are separate things.
Net Book Value is the Value of asset in previous year.
http://www.investorglossary.com/net-book-value.htm
and
Salvage value is like scrap value i.e. value of asset at the end of its life.
http://www.referenceforbusiness.com/encyclopedia/Res-Sec/Salvage-Value.html
And for Jacopo's comment #3
According to accounting concept we must keep record for all transaction that's
why i was asking that we have to store the other cost somewhere in database.
Me and Santosh have implemented the service and test it by prepared data for
it. Also according to your suggestion, for now we use purchase cost directly
but for future I think that we should write a service which take the other cost
and original purchase cost from various places then add all the cost and then
update the FixedAsset entity by putting the TotalPurchaseCost/ NetPurchaseCost
in the field purchaseCost.
Please make correct to me if i am wrong.
Soon we will upload the patch after testing.
> 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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