Edit equipment order depreciation

Note: This option is not available if asset depreciation is in use.

1. At the Asset Management main menu, click on the Purchase Orders button. The Work With Equipment PO display screen appears.
2. Right-click on the order and select Change. The Equipment PO Detail change screen appears.
3. Right-click on the line and select Depreciation. The Equipment Order Depreciation enter screen appears.
4. To copy the depreciation schedule from a template:
   • Click Select Template . The Select Depreciation Template screen appears. This is a standard selection screen.
5. Fill in the fields as required.

   Schedule Typeidentifies what kind of depreciation schedule should be used (e.g. straight line, declining balance). You can click on the Prompt button to select the schedule type from a list.

   Depreciation Rateis the percentage that should be used to depreciate the capital amount at each depreciation period, to 2 decimal places. This must be left blank if using stepped rates.

   Durationis the number of months the unit will be depreciated.

   Frequencyidentifies how often the depreciation will be applied during the depreciation duration (e.g. monthly, weekly, semi-annually). You can click on the Prompt button to select the frequency from a list.

6. Click Enter to save the rates.
7. To define stepped rates for the depreciation schedule:
   1. Leave the Depreciation Rate blank and click Stepped Rates . The Stepped Rates change screen appears.
   2. Click Add . The Stepped Rates add screen appears.
   3. Fill in the fields as required.

      Depreciation Periodis a number identifying the period during the schedule's duration when the rate changes.

      Stepped Rate %is the percentage by which the capital amount should be depreciation for the specified period and subsequent periods until the next defined change.

   4. Click Enter to save the rates.
   5. Click Exit to return to the Equipment Order Depreciation enter screen.

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