The fixed asset depreciation framework is stipulated in Circular 45/2013/TT-BTC. Accordingly, fixed asset depreciation is the systematic calculation and allocation of the original cost of fixed assets to production and business costs during the depreciation period of the fixed assets. The following article by MISA MeInvoice will provide you with information about the depreciation period of fixed assets.
Note: Before learning about the fixed asset depreciation time frame, you can learn about fixed asset information in the article for further reading.See also:
What are fixed assets ? Classification of fixed assets
What is fixed asset depreciation? How to calculate fixed asset depreciation DETAILED
Table of Contents Hide
1. Fixed asset depreciation framework
3. How to calculate depreciation time of fixed assets according to regulations
3.1 Unused fixed assets
3.2 Fixed assets used
3.3 How to change depreciation period:
4. Frequently asked questions cambodia telegram data about depreciation of fixed assets
4.1 How many methods of depreciation of fixed assets are there?
4.2. What factors do businesses rely on to choose a method of calculating fixed asset depreciation?
Conclusion
1. Fixed asset depreciation framework
List of fixed asset groups
3. How to calculate depreciation this problem generates another time of fixed assets according to regulations
how to calculate depreciation time of fixed assets
According to Article crawler data 10 of Circular 45/2013/TT-BTC, the depreciation period of tangible fixed assets is determined as follows:
3.1 Unused fixed assets
– For unused fixed assets, enterprises must base on the fixed asset depreciation time frame in Appendix 1 issued with Circular 45/2013/TT-BTC to determine the depreciation time of fixed assets.
3.2 Fixed assets used
For used fixed assets, the depreciation period of fixed assets is determined as follows:
Depreciation period = [Fair value of fixed asset] / [Selling price of 100% new fixed asset of the same type (or of equivalent fixed asset on the market)] x [Depreciation period of new fixed asset of the same type determined according to the Depreciation Framework]
In there:
– The fair value of fixed assets is
Actual purchase or exchange price (in case of sale or exchange);
The remaining value of fixed assets or the value assessed by an organization with valuation functions (in cases of being given, donated, presented, granted, transferred) and other cases.
3.3 How to change depreciation period:
In case an enterprise wants to determine the depreciation period of new and used fixed assets different from the depreciation period prescribed in the Depreciation Framework, the enterprise must perform the following work: