You can set up depreciation rates and depreciation factors for fixed assets. The depreciation percentages and factors differ for the first year and for the following years of service life.

  1. Click General ledger> Setup> Fixed Assets> Depreciation group.

  2. In the Depreciation groupfield, enter the depreciation code.

  3. In the Descriptionfield, enter the description of the depreciation code.

  4. In the Start datefield, enter the transaction date.

  5. In the First yearfield, enter the increasing factor of depreciation value.

  6. In the Next yearsfield and the Adj. acq. Pricefield, enter the percentage or the factor that is used for calculation of depreciation value in the following years of depreciation.

  7. Press CTRL+S or close the form.

See Also