Previous Topic

Next Topic

Book Contents

Book Index

FA Settings - Depn Codes tab

Navigator > Setup > Fixed Assets > Settings > Depn Codes tab

See also FA Settings - General tab.

All available Depreciation codes are shown.

Inactive is set based on Tax Regime, but may be changed if required.

DV

Diminishing Value for Period

Active for NZ tax regime. Calculated using closing value for period, at specified rate, divided equally by number of periods in calendar year, diminishing year by year.

NA

Not applicable

Not depreciated.

SL

Straight Line for Period

Active for NZ tax regime. Calculated using closing value for period, at specified rate, divided equally by number of periods in calendar year.

DVD

Diminishing Value for Days Held @ 200% / Years

Active for AU tax regime. Calculated using value(s) for days held, at 200% divided by years estimated life, diminishing year by year.

DVL

Diminishing Value for Days Held @ 150% / Years

Active for AU tax regime. Calculated using value(s) for days held, at 150% divided by years estimated life, diminishing year by year.

DVR

Diminishing Value for Days Held @ Rate

Active for AU tax regime. Calculated using value(s) for days held, at a specified rate, diminishing year by year.

PCD

Prime Cost for Days Held @ 100% / Years

Active for AU tax regime. Calculated using value(s) for days held, at 100% divided by years estimated life.

PCR

Prime Cost for Days Held @ Rate

Active for AU tax regime. Calculated using value(s) for days held, at a specified rate.

UL

Useful Life for Period @ 100% / Years

Inactive by default. Useful Life calculation per IFRS.

See FA Depreciation Calculation for the per period calculations for these codes.