Projecting asset depreciation

You can project asset depreciation based on specific depreciation method, in-service date, convention, basis, and optional depreciation factors such as salvage amount or salvage percent and table year.

Define asset projections

  1. Access Additions and Adjustments (AM20.2) or Books (AM20.4).
  2. Click the Projection button to open Projections (AM20.7).
  3. Define the depreciation method, life, remaining life, in-service date, convention code, or depreciation basis for the projection.
  4. Use the Depr Option tab to define the projection.

    You can define more detailed depreciation information for the projection, including the salvage amount, year-to-date depreciation amount, life-to-date depreciation amount, and table year.

  5. Select the Inquire form action.

    Projection Detail (AM20.8) displays the annual depreciation amounts based on the projection data you specified.

  6. Run Projection Report (AM255) to calculate future depreciation for assets by book for budgeting, forecasting, or other planning purposes.

    You can include simulated and existing assets in this report.