Dear Friends,
Today we will learn how to setup depreciation book.
Step 1:
Go on the following menu:
Main Menu --> Department --> Financial Management --> Fixed Asset --> Depreciation Book.
Step 2:
Click on the button New and fill the information.
Click on the button New and fill the information.
General
| |
| Code | Enter a code for the depreciation book |
| Description | Enter a description for the book |
| Default Rounding Amount | Define the default rounding amount |
| Default Ending Book Value | Define the default book value |
| Disposal Calculation Method | Choose the disposal calculation method |
| Subtract Disc. in Purch. Inv. | Allow to deduce discount on purchase invoice with fixed asset |
| Allow Correction of Disposal | Allow any correction on disposal |
| Allow Changes in Depr. Fields | Allow user to change depreciation field |
| VAT on Net Disposal Entries | Allow VAT on disposal |
| Allow Identical Document No | Allow user to use same document no on journal |
| Allow Indexation | Allow fixed asset indentation from main asset. |
| Allow Depr. below zero | Allow depreciation amount below zero, that is negative book value |
| Allow more than 360/365 Days | Allow transaction more that 360/365 days in the fiscal year |
| Use FA Ledger Check | Allow the use of fixed asset ledger check |
| Use Rounding in periodic Depr. | Round amount in periodic depreciation |
| Use same FA+G/L Posting Date | Use same as the posting date for FA and G/L |
| Fiscal Year 365 Year. | Use fixed fiscal year 365 days |
Integration
| |
| G/L Integration - Acq Cost | Allow you to do transaction on acquisition G/L Account |
| G/L Integration - Depreciation | Allow you to do transaction on depreciation G/L Account |
| G/L Integration - Write-Down | Allow you to do transaction on write-down G/L Account |
| G/L Integration - Appreciation | Allow you to do transaction on Appreciation G/L Account |
| G/L Integration - Custom 1 | Allow you to do transaction on custom process G/L Account |
| G/L Integration - Custom 2 | Allow you to do transaction on custom process G/L Account |
| G/L Integration - Disposal | Allow you to do transaction on disposal G/L Account |
| G/L Integration - Maintenance | Allow you to do transaction on maintenance G/L Account |
| Duplication | |
| Part of Duplication List | Allow the fixed asset to be part of the duplication list. |
| Use FA Exch. Rate in Duplic. | Use the fixed asset exchange rate in duplication |
| Default Exchange Rate | Set a default exchange rate |
| Reporting | |
| Add-Curr Exch. Rate - Acq Cost | Allow Acquisition cost in reporting |
| Depreciation | Allow Depreciation cost in reporting |
| Write-Down | Allow Write-Down in reporting |
| Add-Curr. Exch. Rate - Appre. | Allow Appreciation in reporting |
| Custom 1 | Allow custom process in reporting |
| Custom 2 | Allow custom process in reporting |
| Disposal | Allow Disposal in reporting |
| Maintenance | Allow maintenance in reporting |
Click on OK to close
