Hello Brijesh,
The entity FixedAssetDepMethod is used to assign the particular
depreciation method to the asset. The code is like :-
<FixedAssetDepMethod depreciationCustomMethodId="STR_LINE_DEP_FORMULA"
fixedAssetId="DEMO_PROD_EQUIPMT_1"/>
Where the depreciation custom method(depreciationCustomMethodId) is
defined in the :-
<CustomMethod customMethodId="STR_LINE_DEP_FORMULA"
customMethodTypeId="DEPRECIATION_FORMULA"
customMethodName="straightLineDepreciation" description="Straight Line
depreciatiion algorithm for fixed asset((purchaseCost - salvageCost)/
expectedLifeInYears)"/>
And we defined a service(customMethodName) to calculate the
depreciation the name is : -straightLineDepreciation (Formula :
depreciation = (purchaseCost - salvageValue) / (expectedEndOfLife -
dateAcquired)). There can be some other methods to calculate the
depreciation.
Hence in last the whole calculation is done in this service and
depreciation is returned on yearly basis. And the result is rendered
on the next page. So this is the way the "Fixed Asset Depreciation
Report" comes.
Let me know if you have any more questions.
--
Sumit Pandit
HotWax Media
On Jul 9, 2008, at 5:00 PM, brijesh m wrote:
Hi friends,
can someone please suggest how this "Fixed Asset Depreciation
Report" is coming. I have tried it on Demo server as:
On demo server i.e.:
https://demo.hotwaxmedia.com/accounting/control/main
go to
Fixed Assets -> in find opt for DEMO_PROD_EQUIPMT_1 -> then traverse
to its depreciation sub tab to access its "Fixed Asset Depreciation
Report". How this report is generated as I won't be able to track
any calculating method apart from the Salvage Value for this fixed
asset which is 50 but still can't comply with this Fixed Asset
Depreciation Report values.
thanks
Brijesh M.
