Maconomy Information Center

Set Company-Specific Asset Depreciation Rules

You can set company-specific asset depreciation rules.

To set the company-specific asset depreciation rules:

  1. Go to General Ledger > Fixed Assets > > Setup > Groups.
  2. Select an asset group from the filter list.
  3. In the Group Lines sub-tab, click the Add Asset Group Line action or press CTRL + M.
  4. Enter the range of the company numbers in the From Company No. and To Company No. fields.
  5. In the Percentage, Tax Depreciation field, enter the tax depreciation percentage for the company range.
  6. Complete any relevant remaining fields, as needed.
  7. Click Save.
  8. Repeat steps 3-7 to add asset group lines.
    Note: If there is an overlap between the company numbers, Maconomy searches for the rules and follows the first match. If there is no match, Maconomy automatically uses the values in the Group tab as the default values for all companies.