Depreciation Table Line Table

List of Fields in the Table

You can use a depreciation table to define a depreciation method. If you do not want to use one of the standard depreciation methods (Straight Line, Declining Balance, and so on) you can set up a user-defined method in a depreciation table. You can create as many depreciation tables as you want.

A depreciation table consists of a depreciation table header and one or more depreciation table lines. The depreciation table header contains information about the method such as code, description and length of period the method applies to.

Each depreciation table line contains a period and the corresponding depreciation percent or the number of units produced in the period.

To use a depreciation table that you have set up, you must indicate your choice of method when you set up a depreciation book for a fixed asset. Choose User-defined in the Depreciation Method field. Then enter the code for the depreciation table in the Depreciation Table Code field.



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