[OASIS Issue Tracker] Updated: (OFFICE-2253) Salvage definitionvaries

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     [ http://tools.oasis-open.org/issues/browse/OFFICE-2253?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Eike Rathke updated OFFICE-2253:
--------------------------------

    Fix Version/s: ODF 1.2

1) From what I understood about financial functions the salvage value is the value at the end of life time, not of a depreciation period. Depreciation occurs until the salvage value is reached.

2) No idea.


> Salvage definition varies
> -------------------------
>
>                 Key: OFFICE-2253
>                 URL: http://tools.oasis-open.org/issues/browse/OFFICE-2253
>             Project: OASIS Open Document Format for Office Applications (OpenDocument) TC
>          Issue Type: Bug
>          Components: OpenFormula
>    Affects Versions: ODF 1.2
>            Reporter: Patrick Durusau
>             Fix For: ODF 1.2
>
>
> AMORDEGRC - salvage	The value of the asset at the end of the depreciation life time.
> AMORLINC - salvage		The value of the asset at the end of the depreciation life time.
> DB - salvage: the salvage value at the end of the lifeTime.
> DDB - salvage: the salvage value at the end of the LifeTime (often 0)
> SLN - Salvage: the salvage value at the end of the LifeTime (often 0)
> SYD - Salvage: the salvage value at the end of the LifeTime (often 0)
> TWO Questions:
> 1) Should the uniform definition of salvage read:
> the value of an asset at the end of a depreciation period.
> ?
> (Leaving it open as to whether the value is being calculated at the end of some interim period or at the end of all depreciation on an asset.)
> 2) Should the value of an asset at the end of any depreciation period be allowed to be a negative value? That is < 0? I have a very dim memory of some tax transactions that could result in negative salvage values but we would need to ask someone with current expertise.

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