Asset Depreciation Preview

Dear Users,

We are working on the depreciation feature and would like to know your comments on the approach. Depreciation configuration can be provided at two levels : one at the asset level and another at the product level. The Depreciation details configured at the asset level would be used to calculate the depreciation schedule for that particular asset. Depreciation details configured at the product level would be applied to all the assets under that particular product except for assets which have depreciation details configured at the asset level ie depreciation details configured at the asset level would be given precedence over details configured at the product level for each asset.

Below are some of the screenshots of the depreciation methods supported ,fields for each method and the depreciation schedule. Please let us know if you require any other depreciation method to be supported and the reports on depreciation schedules.

Depreciation Methods :