# Fixed asset Depreciation calculation

Registered Posts: 54 ๐ซ ๐ฏ ๐ซ
Hi Guys,

Can somebody help me, I am trying to do t he depreciation for june, as my manager has left work due to some problems i am asked if i will be able to do it, i havent got the register workings but have the values so i amm not sure how she has done the monthly depreciation values.

Its 5 years straight line so i would assume that if cost is ยฃ5000, depreciation charge will be ยฃ1000 every year divided /12 for each month. but she has diffrent figures every month how is that possible.

just want to know why the monthly depreciation charge diffs every month while it is straight line.

Thanks.

• FMAAT Posts: 896 Regular contributor โญ ๐ผ โญ
Have there been disposals or additions in the year(s)?

If not then I don't see why it would be diff if it is straight line...

B x

P.s. I have pm'd you
• Registered Posts: 54 ๐ซ ๐ฏ ๐ซ
HI Becca,

Its individual assets and depreciation differs every month for each and every individual asset.

I can understand if there was any changes in the total depreciation, but each line differs every month by few pounds less sometimes more sometimes.

• Registered Posts: 1,954
Is it worked out on days instead of months? That would explain slight variations.

I'd say either wait or use your best guess if its urgent!
• Registered Posts: 54 ๐ซ ๐ฏ ๐ซ
I tried to do it by day, then we should have same figures for mar and may as they are 31 days, but no they are different. oh well i am jsut gonna do it as cost/15 months and then/12 months for now, let see.

Thanks PGM.
• Registered Posts: 302
Would you not have one principle on depreciation for things such as cars and a different principle for smaller items such as computers?

I could understand large machinery and vehicles perhaps running on a 5 year, but not computers and small office equipment?
• Registered Posts: 54 ๐ซ ๐ฏ ๐ซ
yes we do, Computer and small equipments are 3 years. plant and machinery 5 years and property 15 years.
• Registered Posts: 302
Maybe I'm being a bit on the green side here, but could that not account for the difference?
• Registered Posts: 1,624
I think Siva is saying that each asset has different amounts in each month, rather than each class
• Registered Posts: 110 ๐ ๐ ๐
Could it be some are straight line, and others are reducing balance?
• Registered Posts: 585
siva wrote: ยป
HI Becca,

Its individual assets and depreciation differs every month for each and every individual asset.

I can understand if there was any changes in the total depreciation, but each line differs every month by few pounds less sometimes more sometimes.