According to Hungarian tax law, companies can immediately depreciate low-cost assets. You can create a value model for low-cost assets. Depreciation is automatically generated for the asset when you create the acquisition.

1. Click General ledger> Setup> Parametersto open the General ledger parametersform.

2. Click the Fixed assetstab.

3. In the Low-cost asset thresholdfield, enter the value limit for the low-cost asset.

4. Press CTRL+S or close the form.