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https://issues.apache.org/jira/browse/OFBIZ-1539?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=12557984#action_12557984
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Jacques Le Roux commented on OFBIZ-1539:
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Sumit,
Actually I already understod that when I read the Wikipedia article (link in my
comment above). All this come from Len Silverton's book . In the formula he
gives he use salvage value in place of NBV. Jacopo's used those formulas hence
my 1st use of it. As I said above I would prefer to use purchaseCost and
NetBookValue for names of these FixedAsset fields as those are common names for
those concepts. Thanks for the links anyway ;o)
BTW I agree with you that having more detailled costs origins is better and
your proposition sounds fine to me.
> 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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