Management Depreciation - Hours Worked

This depreciation method results in an expense based on fixed asset prediction.

It is compulsory filling out the field Product Period (N3_PRODMES) and Product Expected (N3_PRODANO), that establishes unit produced per month and unit produced in the period respectively.

Calculation features:

Rate is variable and established due to hours worked in the period.

Formulas to establish the rate:

Depreciation rate = Worked hours in the period / Useful hours expected due to asset useful life.

Formula to establish depreciation value:

Depreciation = Asset Original Updated Value * Depreciation rate

Where:

Asset original value: asset acquisition value is considered as original value, depending on value updated, presenting extensions and revaluations incurred since acquisition.

Calculation examples: hours worked

Asset Value                        30,000.00

Useful life (years)                5.00

Expectation in hours        5,000.00