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