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5 Depreciation Settings

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Depreciation Settings

Have you set your depreciation frequency?

Depreciation for Transactions Select which of the two Depreciation options are to be used for creating depreciation transactions

Depreciation Options Configure the two depreciation Options to meet your needs (refer to your accountant for advice) Full Year - Post a depreciation transaction once per year Half Year - Post a depreciation transaction each half year Full Month - Post a depreciation transaction each month Period of Purchase - Include or exclude the period in which the item was purchased. eg. If depreciating over a full year, do you want to apply a full year's depreciation to an item purchased in June? Period of Disposal - Include or exclude the period in which the item was disposed of.