About depreciation of fixed assets

You process the calculation of the depreciation expenses, specify selection criteria to get the list of fixed assets and the period to which the depreciation should be calculated by using the Calculate depreciation (FA502000) window.

You also need to specify either the system should only calculate the depreciation amounts for informative purposes, or to calculate the amounts, and generate corresponding depreciation transactions to depreciate the assets once these transactions are released.
To define it, you should select one of the following options in the Action field:

• Calculate only
  With this option, the system calculates depreciation expenses, and generates no transactions.
  You can view calculated amounts for each fixed asset in the Calculated column on the Depreciation history tab of the Fixed assets (FA303000) window. You can use these amounts for the planning purposes.

• Depreciate
  With this option, the system calculates depreciation expenses, and generates the Calculated+ transactions.
  Once these transactions are released, their type automatically changes to Depreciation+.
  You can view the calculated and depreciated amounts for each fixed asset in the Calculated and Depreciated columns on the Depreciation history tab of the Fixed assets (FA303000) window.

You can also calculate depreciation for a particular fixed asset in the Fixed assets (FA303000) window.
In this window, you select a required asset in the Asset ID field, and click Calculate depreciation in the Actions menu on the window toolbar.

No transactions are generated with this process. To depreciate the asset, you need to use the Calculate depreciation (FA502000) window.

You can view the depreciation history of an asset on the Depreciation history tab of the Fixed assets (FA303000) window.
You can view an asset's depreciation history in one of the following ways, depending on the Depreciation history view option selected in the Fixed assets preferences (FA101000) window:

• If the By book option is selected, you can filter depreciation history by book.
  In this case, you select a book to display its information in the window.
  The depreciation history is a table that has years as columns and periods per year as rows.
• If the Side by side option is selected, all the books to which the asset is assigned are displayed simultaneously.
  In this case, depreciation history is represented as a table with depreciation periods as rows and books as columns.