WDV Depreciation key for remaining life

We are having WDV/reducing balance method for depreciation. There was different WDV depreciation rates

defined in the Companies Act for different asset classes.

Now new Companies Act, 2013 has defined useful life of different classes of assets

e.g. Plant & Machinery 15 years, Building 30 years, computer 3 years, etc. Residual value shall be 5% of acquisition value.

Example: Net Book Value 10000 on 31.03.2014

Residual Value 5% & Remaining useful life 10 years

Dep Percentage to cal by system = 1-((5/100)^(1/10)) = 25.89%

Therefore we have created new depreciation key as below

Asset Explorer – AW01N

But the depreciation amount in all year is same as per SLM method. We want calculation as below; pls suggest how to achieve the same

Regards,

Rohidas Shinde

Message was edited by: Rohidas Shinde