[Feature]: Support for Custom/Non-Linear Depreciation
Snipe-IT Version
Version v8.7.2 - build 24589 (master)
How can we help?
We recently started using the depreciation feature to track current asset valuations for potential resales to employees or third parties.
While the current straight-line depreciation model works well for assets that lose value evenly over time (e.g., reaching 0% after 4 years and losing 25% value each year), it does not accurately represent assets with non-linear or front-loaded depreciation curves.
For example, our laptop inventory depreciates on a non-linear schedule based on original purchase cost
- Brand New: 100%
- Year 1: 75%
- Year 2: 50%
- Year 3: 30%
- Year 4: 20%
- Year 5: 15%
but with the current system the depreciation snipe shows is closer to this:
- Brand New: 100%
- Year 1: 83%
- Year 2: 66%
- Year 3: 49%
- Year 4: 32%
- Year 5: 15%
It would be nice if this was changed so we can use the depreciation in Snipe to accurately depict the current value instead of having to calculate it using outside tools
Code of Conduct
- I agree to follow this project's Code of Conduct
Source: grokability/snipe-it