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Definition
See
Period Control Method.
Use
In Mexico, in addition to the standard period control methods supplied with the system, an additional method is required for depreciating buildings, machinery, cars, and hardware. Using this method, assets purchased on the first day only of any given month are depreciated starting that month. Assets purchased after the first are depreciated from the following month.

You buy a new machine on August 1. Since you bought it on the first day of the month, depreciation begins in August. Two days later, you purchase a car. However, in this case, you start to depreciate it as of the next month, September.
Integration
This method is used in the following depreciation keys:
Depreciation key |
Type of asset |
MX01 |
Buildings |
MX02 |
Machines |
MX03 |
Cars |
MX04 |
Hardware |
When you create a company code using the template for Mexico, the system uses this method and the keys automatically.
