Calculating straight line depreciation - HxGN EAM - 12.0.1 - Help - Hexagon

HxGN EAM Help

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HxGN EAM
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HxGN EAM Version
12.0.1

Straight Line depreciation, the most commonly used method, calculates depreciation based on the principle that an asset loses an equal amount of value each fiscal year.

The system calculates annual Straight Line depreciation expense based on the following equation:

(Original Value - Residual Value) / Estimated Useful Life = Annual Depreciation Expense