1. Accounting
  2. Fixed Assets Management
  3. Setting Up the Fixed Assets Management System
  4. Depreciation Methods
  5. Japan Depreciation

Japan Depreciation

The Japan Old Straight Line and Japan Old Declining Balance depreciation methods are used for assets purchased before April 1, 2007. When the asset value equals 5% of the original cost, it will be depreciated using the Straight Line method over 5 years (60 months) until the residual value equals 1 JPY.

The Japan Old Straight Line yearly depreciation limit is calculated as 90% of acquisition cost, multiplied by the depreciation rate.

Related Topics

General Notices