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vehicle amortization calculation

Topic: vehicle amortization calculation

I have receive a few demand from the market to have such function because it part of their "vehicle maintenance" portfolio for countries such as Malaysia and Singapore

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vehicle amortization calculation

Re: vehicle amortization calculation

In Brazil we use  price system to do leasing.In this system, the company do the lease paying an amount of fees plus the value of the car during a certain period.One solution to this problem , is create a service object with the value of the of the leasing, and put the year that the vehicle will stay in the asset of the company.

Create a function for amortization the excel execute this.