Depreciation Method Field
Use this book information field in Asset Detail to select a depreciation method code. A depreciation method code is a combination of the depreciation method and averaging convention. After you complete the Property Type and Placed-In-Service Date fields, the system provides a default depreciation method, estimated life, and ADS life.
In the drop-down list, the system displays valid depreciation methods based on date placed in service and property type. Custom depreciation methods appear in the list, or you can enter the custom code in lowercase letters.
The following chart displays the available standard depreciation methods:
|
Code |
Depreciation Method |
|
MA |
MACRS Formula plus 168 |
|
AA |
ADS straight-line MACRS plus 168 |
|
MR |
MACRS Indian Reservation plus 168* |
|
SB |
Straight-line, full-month plus 168 |
|
MF |
MACRS Formula |
|
MT |
MACRS Table |
|
AD |
ADS straight-line MACRS |
| RM | Remaining value over remaining life, midmonth |
| RH | Remaining value over remaining life, half-year |
|
MI |
MACRS Indian Reservation* |
|
AT |
ACRS table |
|
SA |
Straight-line, alternate ACRS formula |
|
ST |
Straight-line, alternate ACRS table |
|
SD |
Straight-line, modified half-year |
|
SL |
Straight-line |
|
SF |
Straight-line, full-month |
|
SH |
Straight-line, half-year |
|
DC |
Declining-balance, no switch to SL |
|
DE |
Declining-balance, modified half-year, no switch to SL |
|
DI |
Declining-balance, half-year, no switch to SL |
|
DB |
Declining-balance, switch to SL when optimal |
|
DD |
Declining-balance, modified half-year, switch to SL when optimal |
|
DH |
Declining-balance, half-year, switch to SL when optimal |
|
YH |
Sum-of-the-years'-digits, half-year |
|
YD |
Sum-of-the-years'-digits, modified half-year |
|
YS |
Sum-of-the-years'-digits |
|
RV |
Remaining value over remaining life, full-month |
|
OC |
Own depreciation calculation |
|
NO |
Do not depreciate |
*See MACRS Method MI and MACRS Method MR.