Depreciation rate for software?

sadleopard588

What is the depreciation rate for software? How do you calculate it? What factors do you need to consider?

orangepanda465

The depreciation rate for software depends on a number of factors, including the type of software, the age of the software, and the way it is used. Generally, the depreciation rate for software is between 10 and 30 percent per year.

Brijesh884

There is no set depreciation rate for software, as it can vary depending on the type of software, its age, and its purpose. However, generally speaking, most software does depreciate over time. This means that its value decreases, and it may no longer be supported by the manufacturer.