In an FA depreciation book, you specify how the program will depreciate a fixed asset. You can use various depreciation methods for your fixed assets. If you want to depreciate one or more fixed assets by several depreciation methods, you must set up multiple FA depreciation books.
Open the Fixed Asset Card window.
Browse to the fixed asset card for which you want to set up a FA depreciation book.
Click Fixed Asset, Depreciation Books to open the FA Depreciation Books window.
Fill in the relevant fields. For Help about a specific field, click the field and press F1.
When you use the manual method, you must enter depreciation manually in either the FA G/L journal or the FA journal. The Calculate Depreciation batch job omits fixed assets that use the manual depreciation method. You can use this method for assets that are not subject to depreciation, for example, land.
Fixed Asset Depreciation Setup
Fixed Assets Depreciation Methods
Setting Up FA Depreciation Books Automatically