Depreciation Methods
Use this section to review the depreciation methods supported for fixed asset import and the required fields for each method.
| Code | Method | Required Fields | Description |
|---|---|---|---|
| 1 | Straight Line | Useful Life (Months) | Equal depreciation each period over the useful life |
| 2 | Reducing Balance | Depreciation Percentage, Useful Life (Months) | Depreciation as a percentage of remaining book value |
| 3 | Double Declining Balance | Useful Life (Months) | Accelerated - double the straight-line rate on declining balance |
| 4 | Sum of Years' Digits | Useful Life (Months) | Accelerated - weighted by remaining useful life |