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 and estimated life.
In the drop-down list, the system displays the available depreciation methods for assets identified as Property Type D. 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 |
|
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 |
|
OC |
Own depreciation calculation |
|
NO |
Do not depreciate |