Any assets of the company or organization is subject to depreciation, ie the attribution of the value of the finished product with the aging of the main or other assets.The accounting practices adopted division of the property into individual depreciation groups.Allocation of a specific asset in a particular group is based on the definition of its life.
maximum service life of the asset called time its useful, that is, the period during which the equipment is properly fulfilling its mission.Head right to fix this period, he fixes it in the documents when entering the asset into operation after reconstruction or modernization, as any improvement in the property, respectively, increases the useful life.The main thing - to observe the division of depreciation groups, that is, increasing the duration of use should be part of the group to which the asset was classified earlier.
Speaking of amortization of intangible assets, the definition of life that is not possible, in this situation in the financial statements indicated a decade.Noteworthy is the fact that this period can not be longer than the estimated time of functioning of the organization in the future.
So, we list the main depreciation groups, according to which the division of assets held organizations.In total there are 10 groups, divided by years.The first is intended to include all assets with a lifetime of no more than two years, ie 1-2 years inclusive.Second, respectively, include a property that will last two or three years.The third group provides a time frame of three to five years, and inclusive.A fourth - more than five, but to seven years.The fifth group is intended to include depreciation of assets, which will be able to function properly in the range of more than seven and up to ten years, inclusive.The sixth group accountant can safely carry the property, which will last from ten to fifteen years.Seventh, respectively, fifteen to twenty years.The eighth group includes amortization enduring property which will please head for twenty or twenty-five years, inclusive.The ninth group admits the useful life of twenty-five to thirty years.And last, the tenth amortization group includes long-term assets, the useful life of more than thirty years.
This separation allows you to organize all of the assets of the enterprise and helps to make timely repair or replacement.After the disposal of the equipment of industrial activity ceases accruing to it depreciation.There are several ways to determine the amount of monthly depreciation charges, most of which are considered to be linear and nonlinear.In determining the amount of deductions on the basis of straight-line method the basis of a product of the asset's original cost, ie the cost of the property and the amount of the cost of its delivery, installation, integration, and the depreciation rate, which is calculated for a particular object.If you use a non-linear method, the calculation will be based on the residual value of the assets and depreciation rules.Which way to choose a legal entity decide.Also, it can at will change, but not before the next reporting period.
receive funds form a single sinking fund, which further helps the company in the development or expansion activities.Thus, depreciation spent on the purchase of a new property or other assets that replace eliminated or are invested in long-term projects.After the disposal of the equipment received contributions for the entire period of its operation compared with the original value.Based on this analysis, divided into depreciation groups revealed a loss or profit.
