Fixed Asset Depreciation Templates
Depreciation templates are used when creating an FA card and running a Calculate Depreciation batch job.
- Click
to open Search, enter Depreciation Templates, follow the link. - On the Depreciation Templates page, click New to create a new template.
- Fill in all required fields:
| Field | Description |
|---|---|
| Depreciation Book Code | Indicate the depreciation book code for the template being created. |
| FA Class Code | Indicate the FA class code for the template being created. |
| FA Subclass Code | Indicate the FA subclass code for the template being created. |
| FA Posting Group | Indicate the FA Posting Group for the selected depreciation book and FA class, subclass of the template being created. |
| Depreciation Method | Indicate the depreciation method for the template being created. |
| Straight-Line % | Indicates the annual depreciation percentage for linear depreciation method. |
| No. of Depreciation Years | Indicates the length of the depreciation period in years. |
| No. of Depreciation Months | Indicates the length of the depreciation period in months. Is filled out automatically when the Number of depreciation years field is filled out. |
| Fixed Depr. Amount | Determines the fixed annual depreciation amount. |
| Declining-Balance % | Indicates the fixed annual depreciation percentage for the residual value reduction method. |
| Depreciation Table Code | Indicates the depreciation table code for the custom depreciation method. |
| Inventory Nos. | Indicates the inventory number series for fixed assets. |
For one depreciation ledger, multiple depreciation templates can be created.
See Also
Fixed Asset Card
Creating a Fixed Asset card
FA acquisition and distribution of additional expenses
FA Release Act
Transfer Item to FA