Depreciation

Assets are normally depreciated in bulk as detailed in the Asset Bulk Depreciation Process section but it may be necessary to depreciate an individual Asset before it is revalued, as detailed in the Revaluation section, or disposed, as detailed in the Disposal section.

Individual Assets can be depreciated via the AM Depreciation form, which can be accessed by clicking on the  button on the Main tab of the AM Asset Maintenance form, as detailed in the Amending Assets section.

Where the Asset is already in the process of being depreciated, the status of the Asset will be set to  and clicking on the  button will open the Depreciation transaction on the AM Depreciation form where the transaction can be amended, if required, and/or completed.  This is further detailed in the Amending Depreciation Transactions section.

Where the status of the Asset is set to , clicking on the  button will open the AM Depreciation form allowing you to create a new Depreciation transaction.  This is further detailed in the Creating Depreciation Transactions section.