1. Equipment Rental
  2. Rental Management
  3. Flows

Depreciate proposal of a fixed asset
Activity Flow

To depreciate a fixed asset, you can use a proposal or depreciation by line. This process uses the proposal method.

Depending on the scenario, run either a straight-line service depreciation or an accelerated depreciation if the asset is consumed quickly and then scrapped.

Finance manager Finance manager Depreciate proposal of a fixed assets Depreciate proposal of a fixed assets Generate and post a depreciation proposal for a fixed asset. You cannot post depreciation beyond the fiscal year-end unless the next fiscal year is open. Procedure 1. Go to Fixed assets > Journal entries > Fixed assets journal. 2. Click New. 3. In the list, mark the selected row. 4. In the Name field, enter or select a value. Note: a pre-requisite for this step is that fixed asset journal have been created. 5. Click Lines. 6. Click Proposals. 7. Click Depreciation proposal. 8. In the To date field, enter a date. 9. Click Filter. 10. In the list, mark the selected row. 11. In the Criteria field, enter or select a value. Note: This criteria is the filter for the fixed asset number that must be depreciated 12. In the list, find and select the desired record. 13. Click OK. 14. Click OK. 15. In the list, mark the selected row. 16. Click Post. 17. Close the page. Start Start End End

Activities

Name Responsible Description

Depreciate a fixed asset

Finance manager

Generate and post a depreciation proposal for a fixed asset.

You cannot post depreciation beyond the fiscal year-end unless the next fiscal year is open.

Activities

Name Responsible Description

Depreciate a fixed asset

Finance manager

Generate and post a depreciation proposal for a fixed asset.

You cannot post depreciation beyond the fiscal year-end unless the next fiscal year is open.

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