You can set up a depreciation profile for tax depreciation.

Note
You must select the Fixed assets (CzAsset)configuration key before you set up a profile for tax depreciation. For more information, see "Configuration (form)" in the Applications and Business Processes Help.

1. Click General ledger> Setup> Fixed assets> Depreciation profiles.

   Note
   For more information, see "Depreciation profiles (form)" in the Applications and Business Processes Help.

2. In the Depreciation profilefield, enter the name of the profile.

3. Click the Generaltab, and in the Depreciation yearfield, select the type of depreciation year from the following options:

   • Calendar– The end of the depreciation period is equal to the end of the year.

   • Fiscal– The end of the depreciation period is equal to the end of current fiscal period that is set up in the Periodsform.

4. Press CTRL+S or close the form.