Asset Maintenance - Depreciation tab

Owned by Former user (Deleted)
Last updated: Mar 11, 2021 by Richard Kennedy (Unlicensed)

Each time the depreciation calculation is run, an entry is placed into the depreciation table.

Details include:

  • date of the run
  • depreciation amount
  • posting number.


 Opening the Depreciation tab

To open the Depreciation tab:

  1. Select Module > General Ledger > Asset Register Maintenance from the main menu.
    The Set Asset Search Criteria window is displayed.
    Tip: You can also access the Asset Register by clicking .

  2. Search for the asset. See Searching for assets.
    The General tab of the Asset Maintenance window is displayed.
  3. Click the Depreciation tab.
    The Depreciation tab of the Asset Maintenance window is displayed.


Asset Maintenance - Depreciation tab key fields

Field

Description

Date

Date of the depreciation calculation.

Posting No

Posting the depreciation occurred in.

Initial WDV

Initial written down value of the asset.

Method

Depreciation method.

Rate

Depreciation rate.

Amount

Depreciation amount for the depreciation run.