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This page is currently being edited by {{ model.editingBy }}.SmartFusion Modules > Accounting > Fixed Assets > Parameters > Depreciation Type
Recent Change: 6.80
- Added a new menu option for Enter/Edit Depreciation TypesIntroduction
The depreciation type parameter is a configuration table that allows the user to define depreciation types and percentages associated with them. The way it would work is that if they had a depreciation type set at 20% it would take off 20% of the total cost leaving a base depreciation amount of 80% of the cost.
Depreciation Type Detail Section
Depreciation Type - The designated code of the depreciation type.
Description - A short description or name of the depreciation type
Percentage - The percentage associated with the depreciation type