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The formula is:

 NB-(NB*(0.60^(1/12)))

This equates to reducing the balance by 40% each year, instead of the straight line method.


For an Asset purchased at $21,600 and depreciated monthly over 36 months, the first five entries would be:

$20,669.81 (depreciated down $900.19)

$19.837.14 (depreciated down $862.67)

$19,010.42 (depreciated down $826.72)

$18,218.15 (depreciated down $792.27)

$17,458.90 (depreciated down $759.25)

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Terminology has been improved in latest Odoo versions.
Linear = Straight Line
Degressive = Declining
Accelerated Degressive = Declining Then Straight Line

A graph might be easier to understand those concepts.


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You can use the degressive method.

You just need to minus the multiplier from 1 like this:


1-(0.6^(1/12)) = 0.04167547137


Then plug this new multiplier into the Degressive Factor field:


The first five entries:


Complete depreciation schedule:

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