Tax maps

These controls allow the companies to calculate the amortizations annually and account them monthly to ascertain the costs with greater accuracy.

Example:

Equipment A amortizable in 4 years, with amortization rate of 25%)

Acquisition value: 10,000 Euros

 

Equipment A

Month

Estimated Tax Prepayment

Annual

 

Amortization

Net value

Amortization

Net value

Jan

208.33

9,791.67

 

 

Feb

208.33

9,583.33

 

 

Mar

208.33

9,375.00

 

 

Apr

208.33

9,166.67

 

 

May

208.33

8,958.33

 

 

Jun

208.33

8,750.00

 

 

Jul

208.33

8,541.67

 

 

Aug

208.33

8,333.33

 

 

Sep

208.33

8,125.00

 

 

Oct

208.33

7,916.67

 

 

Nov

208.33

7,708.33

 

 

Dec

208.33

7,500.00

2,500.00

7,500.00

 

2,500.00

 

 

 

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