Basit Khan

Basit Khan

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Asset Depreciation Calculation - Straight Line Method

Aug 16 2022 10:16 AM

Hi,

I have Asset table.

CREATE TABLE [dbo].[Asset](
    [item] [nvarchar](50) NULL,
    [bought_date] [date] NULL,
    [price] [numeric](18, 2) NULL,
    [AssetLife] [numeric](18, 0) NULL,
    [AssetCurrentDate] [date] NULL
) ON [PRIMARY]

GO
and the data is give below.

INSERT INTO [Accounts].[dbo].[Asset]
           ([item]
           ,[bought_date]
           ,[price]
           ,[AssetLife]
)
     VALUES
           ('x'
           ,'2020-01-01'
           ,11000
           ,8),
           
           ('y'
           ,'2020-01-01'
           ,8000
           ,5)

Below is the Formual

Depreciation Expense= Book Value/Asset Life.
Accumulated Dep.=Depreciation expense
Book Valve Year End=Asset Value-Accumulated Dep.

Looking for query for below result.

 

Asset Years  Book Value
Year Start 
Depreciation
Expense
 Accumulated
Depreciation 
Book Value
Year End
X 2020            11,000 1375                  1,375                    9,625
X 2021              9,625 1375                  2,750                    8,250
X 2022              8,250 1375                  4,125                    6,875
X 2023              6,875 1375                  5,500                    5,500
X 2024              5,500 1375                  6,875                    4,125
X 2025              4,125 1375                  8,250                    2,750
X 2026              2,750 1375                  9,625                    1,375
X 2027              1,375 1375                11,000                           -  

 

Thanks

Basit.


Answers (2)