When Beginning Depreciation Fields Contain Data
The Beginning Depreciation fields will contain information only in the following circumstances:
- You have manually entered data in the beginning depreciation fields. You will do this if you have calculated depreciation on an asset before you purchased Sage Fixed Assets—Sage Fixed Assets—Depreciation. Previously, you may have used other software or computed depreciation using a spreadsheet. For an example, see Beginning Depreciation Fields.
- You have imported assets from another source (such as a spreadsheet program) into the application. When you use the Custom Import Helper to import assets from another source, the system places the depreciation associated with the imported assets in the beginning depreciation fields only if you enter the depreciation amounts in the appropriate fields before you import the assets.
- You have changed an entry in an asset that is critical to calculating depreciation and have chosen to save the depreciation already calculated to date by the application. When you indicate to the application that this is what you want to do, the system takes the current depreciation and copies it into the beginning depreciation fields.
- You have partially transferred an asset. When this occurs, the depreciation through the month prior to the transfer is divided among the remaining and transferred assets and is placed in the beginning depreciation fields.