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Depriciation Run

Depreciation is a monthly process where a depreciation run is executed to depreciate fixed assets and post the corresponding accounting documents. The depreciation run calculates the depreciation amount using the portion of the acquisition and production cost yet to be depreciated, the useful life of the asset, and the depreciation key.

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64 views1 page

Depriciation Run

Depreciation is a monthly process where a depreciation run is executed to depreciate fixed assets and post the corresponding accounting documents. The depreciation run calculates the depreciation amount using the portion of the acquisition and production cost yet to be depreciated, the useful life of the asset, and the depreciation key.

Uploaded by

surendra
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Depriciation Run :

Depreciation is a month end process. Every month end, depreciation run


is executed which performs depreciation of fixed asset and corresponding
accounting document for depreciation is posted.

For calculation of depreciation amount, system needs

— Portion of APC (Acquisition & Production cost) which is yet to be


depreciated

— Useful life

— Depreciation key

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