Understanding Depreciation Calculation Concepts

Following are important concepts for effectively calculating depreciation.

Depreciation Calculation Dates

There are three dates from which the application calculates depreciation: the placed-in-service date, the beginning date, and the current through date.

Obtaining Monthly Depreciation Figures

Calculate depreciation each month in succession in order to obtain accurate monthly figures.

Calculating Depreciation for Earlier Periods

You can calculate depreciation for an earlier period, but this resets current depreciation.

Multiple Books

You can calculate depreciation for an asset in up to three different books.