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Procedure documentationDefining and Assigning Depreciation Methods Locate this document in the navigation structure

 

In SAP Business One, you can define various depreciation methods, such as the following:

  • Straight line

  • Straight line period control

  • Declining balance

  • Multilevel

  • Immediate write-off

  • Special depreciation

  • Manual depreciation

  • Accelerated (Czech Republic, Slovakia)

After defining the depreciation methods, you can assign them to asset classes and, therefore, link them to fixed assets.

Prerequisites

You have enabled fixed assets.

For more information, see Enabling Fixed Assets.

Procedure

Defining Depreciation Methods

  1. From the SAP Business One Main Menu, choose   Administration   Setup   Financials   Fixed Assets   Depreciation Types  .

    The Depreciation Types - Setup window opens.

  2. Select the depreciation methods and specify other depreciation related parameters.

  3. Choose Add.

Assigning Depreciation Methods to Fixed Assets

  1. From the SAP Business One Main Menu, choose   Administration   Setup   Financials   Fixed Assets   Asset Classes  .

    The Asset Classes - Setup window opens.

  2. Specify the general information, select the depreciation areas, and specify the depreciation type in each area.

  3. Choose Add.

  4. From the SAP Business One Main Menu, choose   Financials   Fixed Assets   Asset Master Data  .

    The Asset Master Data window opens.

  5. On the Fixed Assets tab, Overview subtab, specify the asset class to which the asset belongs.

    Note Note

    You cannot change the asset class of an asset having the status Active.

    End of the note.

    Once you specify the asset class, the associated depreciation types are copied to the asset. Therefore, the depreciation methods are assigned to the asset. If required, you can also change the depreciation types for the asset.