Add straight-line depreciation of assets

Bug #1155908 reported by AlexLomax on 2013-03-16
0
Affects Status Importance Assigned to Milestone
Money Manager Ex
In Progress
Wishlist
Stefano Giorgio

Bug Description

Please, add straight-line depreciation of assets.

http://en.wikipedia.org/wiki/Depreciation

SL = Cost / Life

Example: A table is purchased for $567.65. The expected life is 5 years.

Calculate the annual depreciation as follows:

567.65 / 5 = 113.53

Each year for 5 years $113.53 would be expensed. At the end of 5 years the book value of the asset would be zero. (The cost of $567.65 less 5 years of depreciation expense at $113.53 per year.)

Nikolay (vomikan) on 2013-03-20
Changed in mmex:
importance: Undecided → Wishlist
assignee: nobody → Nikolay (vomikan)
status: New → In Progress
Nikolay (vomikan) on 2013-03-24
Changed in mmex:
assignee: Nikolay (vomikan) → Stefano Giorgio (stef145g)
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