Exact Financials (v3)

Fixed Assets Manual - Creating depreciation tables

Creating depreciation tables

The depreciation method of assets can be defined in two ways. First you can depreciate assets according to the depreciation formula or, you can calculate the depreciation costs for an individual asset using a depreciation table. Depreciation tables enable you to define depreciation manually. Depreciation formulas are used for depreciating a great number of assets simultaneously. A manual table is meant for a single asset thast is in a unique position. If you create a manual table for an asset that has been partially depreciated, the manuallly created depreciation table (given the asset book) is used instead of the defined depreciation formula. Maintain depreciation tables in: [Master data, Maintenance, Assets, Depreciation tables]

• In most cases depreciation formulas are easier to configure than a depreciation table. It is therefore advisable to examine the various depreciation formulas carefully, before you start using the depreciation table.

Finance Manual C/S > Contents > Working with fixed assets > Creating depreciation tables