Value 2 Depreciation

Asset values can be maintained and depreciated in a second currency. This is entered as the transaction currency on ledger transactions. If depreciation is calculated, it is also calculated in this currency.

Trans Depreciation Method

The depreciation method to be used by Depreciation Calculation (FDC). There are several methods available. If this is set to No Depreciation, depreciation is not calculated automatically in the transaction currency for assets of this class.

Transaction Percentage

For depreciation methods Declining Balance, Straight Line or Japanese Straight Line, this is the percentage rate used to calculate the amount of depreciation deducted.

Transaction Table Code

The depreciation table to use if the depreciation method is Table Depreciation. These tables are defined Depreciation Tables Setup (FDT).

Transaction Table Column

If the Table Depreciation method is used, this is the column of the table of rates to be used to depreciate assets of this class.