Are multiple depreciation methods supported?

Costpoint supports an unlimited number of user-defined depreciation methods, including straight line, double declining balance, and so on, for use in the G/L book and the nine optional tax books.

No default depreciation methods are supplied with the system. During initialization, you must set up, on a "one-time" basis, a catalog of depreciation methods (including book and tax). As such, maintenance of changes to tax methods is the user's responsibility.