1. Click the General ledger> Setup> Fixed assets> Depreciation group.

  2. Press CTRL+N to create a new depreciation group in the left pane of the form.

  3. In the Depreciation groupfield, enter the code for the depreciation group.

  4. In the Descriptionfield, enter a brief description of the depreciation group.

  5. Press CTRL+N in the right pane of the form.

  6. Select the validity date in the Start datefield.

  7. Enter the percentage or the factor to be used to calculate depreciation value in the first year in the First yearfield.

  8. Click the Generaltab.

  9. In the Next yearsfield, enter the percentage or the factor to be used to calculate depreciation value over the next years.

  10. In the Adj. acq. Pricefield, enter the percentage or the factor to be used to calculate depreciation value after adjustment.

  11. Press CTRL+S or close the form.

See Also