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.