Navigator > Maintain > Fixed Assets > Asset Groups >
Depreciation Defaults (Alt+F9)
Depreciation Defaults by Book can also be launched from Navigator > Setup > Fixed Assets > Depreciation Defaults.
Default Depreciation code, Depreciation Rate and Useful Life in years may be specified for each unique Book and Asset Group combination. These defaults will be assigned to the Asset values when a new asset is assigned to an Asset Group, and may be changed from the default on the Values tab.
To change a Depreciation Code, Rate, Useful life or Residual Value for an asset that has depreciation use Change Depreciation.
Select Asset Group |
Select the Asset Group to edit depreciation defaults for. |
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Toolbar |
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Expand Toolbar |
Expand the toolbar to give access to all toolbar options. Press |
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Edit |
Enter edit mode, to edit the asset group details. |
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Print |
Print a report of the information in the grid. |
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Grid Fields |
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Book Code |
Code for the Asset Book. |
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Depn Code |
Select the Depreciation Code, set in FA Settings - Depn Codes tab. |
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Depn Rate |
Enter the Depreciation Rate as a percentage. |
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Useful Life |
Optionally enter the expected Useful Life for the asset group. |
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Buttons |
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Apply |
Apply the Depreciation Defaults to the Asset Group. FA Apply Default Depreciation will open, you can select a range of Assets to update. |
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Save |
Save changes to the Depreciation Defaults for the Asset Group. |
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Cancel |
Cancel changes and close the form. |
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