Overview tab

Create and view depreciation books.

General tab

Set up information for the depreciation book.

Depreciation

Set up additional depreciation information for the depreciation book.

Purchase/Sale

Enter purchasing and sales account information.

Transactions

Opens the Fixed asset transactions form, where you can view transaction information for this book.

Bonus depreciation

Opens the Bonus depreciationform, where you can view bonus depreciation information for the book.

Inquiry

Opens a menu with the following items:

• Balance– Open the Balanceform, where you can view information for the asset book.

• Profile– Open the Profileform, where you can view the depreciation expected according to the setup of the asset.

• Change history– Open the Fixed asset changes historyform, where you can view changes that have been made to the service life, depreciation periods, expected scrap value, or sales value for the asset. For more information, see Fixed asset change history inquiry.

Functions

Opens a menu with the following item:

• Split fixed asset– Open the Split fixed assetform, where you can transfer value from one asset to another.

Depreciation book

Enter or view the identification for the book.

Status

The asset status.

Depreciation

Select this option if the asset can be depreciated.

Depreciation profile

The depreciation profile for the depreciation book. This profile will be the default profile when you set up asset group depreciation books.

Method

The depreciation method from the depreciation profile.

Alternative depreciation profile

The depreciation profile to use as an alternative profile for the asset.

Extraordinary depreciation profile

The depreciation profile to use as an extraordinary profile for the asset.

Round off depreciation

The lowest amount of the depreciation allowed for this depreciation book.

Amount

The amount of depreciation in the default currency.

Allow net book value higher than acquisition costs

Select this option to allow the net book value for an asset to be higher than the acquisition costs for the asset.

Allow negative net book value

Select this option to allow the net book value amount for an asset to be negative.

Acquisition method

Select how you acquired the fixed asset.

The list contains the methods created in the Acquisition methods form. For more information, see Acquisition methods (form).

Replacement date

Enter the date when you plan to replace the fixed asset. The default date is the acquisition date plus the service life.

Depreciation year

The depreciation year from the depreciation profile.

Period frequency

The period frequency from the depreciation profile.

Factor

The depreciation factor from the depreciation profile.

Interval

The manual or factor interval from the depreciation profile.

Percentage

The reducing balance percentage for the depreciation.

Depreciation profile(Alternative depreciation)

The alternative depreciation method for this book.

Method(Alternative depreciation)

The depreciation method from the alternative depreciation profile.

Depreciation year(Alternative depreciation)

The depreciation year from the alternative depreciation profile.

Period frequency(Alternative depreciation)

The period frequency from the alternative depreciation profile.

Factor(Alternative depreciation)

The depreciation factor from the alternative depreciation profile.

Interval(Alternative depreciation)

The interval from the alternative depreciation profile.

Percentage(Alternative depreciation)

The reducing balance percentage for the alternative depreciation profile.

Depreciation profile(Extraordinary depreciation)

The extraordinary depreciation method for this book.

Method(Extraordinary depreciation)

The depreciation method from the extraordinary depreciation profile.

Interval(Extraordinary depreciation)

The interval from the extraordinary depreciation profile.