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On this tab, you can list the fixed assets to be returned from conservation.

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The "Conservation of Fixed Assets (create)" form. The Fixed Assets tab

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The Depreciation Suspension Date column shows the date starting which depreciation was not calculated.

The Initial Cost (Acct. Cur.) column is populated with the initial cost of the fixed asset in the accounting currency; this cost was specified upon accepting the asset to accounting.

The Useful Life (Months) subcolumn (available for the Straight Line method) is populated with the number of months the fixed asset was planned to be used.

In the Depreciation Method subcolumn, you can notice one of the following available depreciation methods:

  • Straight Line: Used to calculate depreciation in equal monthly amounts during the fixed asset useful life.
  • Units of Production: Used to calculate depreciation amounts proportionally to actual usage of the fixed asset.

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Use the Planned End Date of Conservation column to select the date starting which depreciation calculation will be resumed.

The Cost for Depreciation Calculation (Acct. Cur.) subcolumn is populated by default with the initial cost of the asset in the accounting currency. If the fixed asset had been revaluated which was registered with a posted Change of Fixed Asset Parameters document, it is the cost after revaluation.

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