Overview

Create a depreciation group.

General

View or modify the depreciation group details.

Deferrals

Set up the automatic creation of a deferrals card.

Note
This tab is available only for value models that have parameter settings in the Fixed Asset Parametersform.

Subgroups

Specify the subgroups for the depreciation group.

Note
This tab is available only if you select the Tax nonlinear groupmethod of depreciation.

Value model

Select an asset value model that the depreciation group is created for.

FA group

Enter a code for the depreciation group.

Name

Enter the name of the depreciation group.

Depreciation method

Select a depreciation method to be used for the depreciation group.

Lifetime

Enter the maximum service life in years, during which depreciation will be accrued for the fixed assets in the depreciation group.

Depreciation group

Modify the identification of the depreciation group.

( Value model)

Value model

The identification of the asset value model.

( Value model)

Name

The name of the asset value model.

Year rate

The yearly depreciation rate of the fixed asset as a percentage.

Note
This field is not available if you select the Tax nonlinear groupmethod of depreciation.

Depreciation rate

Enter the depreciation rate for the year.

Note
This field is available only if you select the Tax nonlinear groupmethod of depreciation.

Minimum depreciation

Enter the minimum depreciation amount when depreciating with the Reducing remaindermethod.

Date of depreciation beginning

Select the depreciation starting date from the following options:

• Putting into operation month start–Depreciation is calculated from the first day of the month in which the fixed asset is put in use after acquisition.

• Next month start–Depreciation is calculated from the next month.

• Next quarter start–Depreciation is calculated from the next quarter.

• Next half year start–Depreciation is calculated from the next half-year.

• Next year start–Depreciation is calculated from the next year.

Disposal

Indicate whether the fixed asset is to be disposed of after depreciation.

Partial take-down

Indicate whether part of the fixed asset is to be disposed of after depreciation.

Model number

Select the deferral model number.

Deferrals group

Select the identification of the deferrals group for deferred expenses.

Expense code

Select the deferrals expense code.

Depreciation subgroup

Enter the identification of the depreciation subgroup.

Name

Enter the description of the depreciation subgroup.

Factor

Enter the depreciation calculation ratio for the subgroup.