Custom Depreciation Methods Window
Follow the guidelines provided below to complete the fields on the Custom Depreciation Methods window.
Items in this window
| Item | Notes |
|---|---|
| Enter New Name and Description | Use this field to type a two-character code to identify this depreciation method. The code can include any number or lowercase letter, except for the codes reserved by the system. If you enter uppercase letters, the system changes them to lowercase (uppercase letters are reserved for the system's standard depreciation methods). |
| Custom Methods List Box | The system uses this field to display the two-character codes and descriptions of all the custom methods in your system. Use this list box to select a custom method on which you want to perform one of the functions listed on the buttons to the right of this list box (Edit, Delete, Copy, Replace). |
| [Add] | Select this button to define the custom method you specify in the Enter New Name and Description field. See Depreciation Method Setup window. The system automatically adds your custom method to the SmartList of available depreciation methods. |
| [Edit] | Select this button to edit a custom method you select from the Custom Methods List Box. See Depreciation Method Setup window. If you edit a custom method used by an existing asset, you must use the depreciate function to redepreciate the asset and apply the new percentages. |
| [Delete] | Select this button to delete a custom method you select from the Custom Methods List Box. If you delete a custom method used by an existing asset, the asset’s depreciation method will change to RV. |
| [Copy] | To copy a custom method, select the method from the Custom Methods List Box, select this button, and complete the Copy Custom Method window that displays. |
| [Replace] | To replace a custom method, select the method from the Custom Methods List Box, select this button, and complete the Replace Custom Method window. |