Define Depreciation Rates
OBJECTIVE
The Define Depreciation Rates option allows creating calculation codes for different required depreciation modes and indicating the depreciation rate or values used to calculate the depreciation of each fixed asset.
Steps
maestro* > Accounting > Financial Management > Depreciation > Define Depreciation Rates |
Create a rate
- Enter the required information in the Main Fields tab:
Fields followed by the * character are mandatory fields. Field
Description
Code*
Code that identifies the rate. The Configuration icon is used to define entry options for the Code field.
Description*
Description of the rate.
Method
Used to determine the rate calculation method. Available values:
Maximum (%)
Maximums depreciable percentage for the asset.
NOTE: To keep a residual value, enter a number lower than 100.
Rate (%)
Rate at which the asset is depreciated.
NOTE: This field can only be used with the Declining and Hourly methods.
Years
Number of years during which the asset is depreciated.
NOTE: This field can only be used with the Linear method.
- Click Save.
See also
Last modification: September 20, 2024