(SAU) Zakat assets and depreciation (form)

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

Click General ledger > Periodic > Zakat > Zakat assets and depreciation.

Use this form to calculate the depreciation difference and record maintenance expenses that are required to generate Zakat reports.

Note

(SAU) This form is available only to legal entities whose primary address is in Saudi Arabia.

Task that uses this form

The following tables provide descriptions for the controls in this form.

Button	Description
Calculate depreciation difference	Calculate the depreciation difference required to generate Zakat reports. Note This button is available only if the fiscal year has not yet been closed.

Field	Description
Fiscal year	Select an open fiscal year.
Group number	Enter a group number.
Group value end of previous year	Enter the group value at the end of the previous fiscal year.
Total cost of additions within current and previous year	Enter the total addition costs for the current and previous year.
50% of total cost of additions within current and previous year	Displays 50 percent of the total addition costs for the current and previous year.
Total compensations within current and previous year	Enter total compensation paid for the current and previous year.
50% of total compensation within current and previous year	Displays 50 percent of the total compensation paid for the current and previous year.
Group value end of year	The group value for the year-end.
Depreciation ratio	Enter a depreciation ratio.
Depreciation value	The depreciation value, which is calculated based on the depreciation ratio.
Group value end of current year	The group value as of the current year after depreciation.
More than 4% maintenance expenses	Enter maintenance expenses of more than 4 percent.
Group balance end of current year	The group balance at the end of the current year.
Depreciation as per books	The calculated depreciation according to the books.
Depreciation difference	The calculated depreciation difference.

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