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DE-00002 Depreciation adjustments for additional acquisitions in the second year

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This guide demonstrates how to set up the calculation of depreciation for additional acquisitions. The demo data company used to create this procedure is DEMF.

Allow multiple acquisitions

  1. Go to Fixed assets > Setup > Fixed assets parameters.
  2. Check the Allow multiple acquisitions checkbox.
  3. Click Save.

Set up depreciation profile

  1. Go to Fixed assets > Setup > Depreciation profiles.
  2. Click New.
  3. In the Depreciation profile field, type a value.
  4. In the Name field, type a value.
  5. In the Method field, select 'Straight line life remaining'.
  6. In the Period frequency field, select 'Monthly'.
  7. Check the Full year depreciation on additional acquisitions checkbox.
  8. Click Save.