About depreciation of fixed assets

Depreciation is used to spread the cost of an asset over its entire useful service life or the period over which the asset is used, until it is no longer usable.

You can calculate the depreciation and depreciate an asset only after you have released fixed asset transactions related to an asset acquisition, for example, the Purchasing+ transaction that the system generates after you have created an asset by using the Fixed assets (FA303000) window, or the Purchasing+ and Reconciliation+ transactions that the system generates after you have created an asset by using the Convert purchases to assets (FA504500) window.