Anticipated Depreciation Calc. Field, Depreciation Book Table
Here you can specify if an anticipated depreciation should be calculated during the depreciation process. The rate of the anticipated depreciation can be entered in the depreciation tables.
An anticipated depreciation is calculated in the first and the two following fiscal years by increasing two and a half times the normal %. This depreciation amount can be posted to the regular accumulated depreciation account or to a separate ledger account.
For example if an asset has a depreciation life time of 10 years with a yearly rate of 10% the anticipated depreciation Rate for the first year will make up 5% and for the following two years will be 10%. The regular depreciation rate for the first year will also be 5%.
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Parent Tables
Table | Location |
---|---|
Depreciation Book Table | Fixed Assets |
Depreciation Book Table | Fixed Assets |