Depreciation

A depreciation period extends from the day after the last depreciation up to and including the date of the current depreciation. The depreciation date must be the end date of an accounting period.

If an expenditure or revaluation was recorded during the depreciation period, the system generates two depreciation records: one for the time leading up to the revaluation/expenditure and one for the rest of the period. When Infor Public Sector calculates depreciation for the asset, it creates a separate depreciation record for the capital expenditure, starting the day after the previous depreciation calculation and ending on the day prior to the completion of the work order.