The IA depreciationregister defines the amount of depreciation for intangible assets, which is considered as an indirect expense for tax purposes, that was accrued during the current reporting tax period.

The intangible asset depreciation register contains information about depreciable property for which cards have been generated in the Fixed assets account module. These assets can be Intangible, Financial, or Goodwill. The intangible asset depreciation register is created on the basis of depreciation transactions, according to the tax model, and is created similarly to the depreciation register for tangible assets.

  1. Click General ledger> Setup> Profit tax> Registers.

  2. Press CTRL+N to create a new line.

  3. In the Register typefield, select IA depreciation.

  4. In the Register codefield, enter an identification code for the register.

  5. In the Register namefield, modify the name of the register, if necessary.

  6. In the Period typefield, select the type of time period for which the register is created.

  7. Click the Hidetab, and move any fields that you want to hide in the register from Available fieldsto Selected fields.

  8. In Selected fields, select the check box for the register fields to be hidden.

  9. Press CTRL+S or close the form.

  10. Click General ledger> Setup> Profit tax> Register parametersto set up additional parameters for the register.

  11. In the Register namefield, select IA depreciation.

  12. In the Parameter namefield, select the parameter.

  13. In the Valuefield, select the intangible asset group by the tax account type and asset type that are to be used to create the register. If you specify more than one value, separate the values with commas.

    Note Note

    If you do not specify parameter values, the register will contain all intangible assets.

  14. Press CTRL+S or close the form.

See Also