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The Class column shows the class assigned to the fixed asset.
In the Depreciation methodMethod column, you can change the depreciation method to be applied to the fixed asset. The following depreciation methods are available :
- Straight Line: To calculate depreciation in equal monthly amounts during the fixed asset useful life.
- Units of Production: To calculate depreciation amounts proportionally to actual usage of the fixed asset.
Use the The Useful Life (Months) subcolumn to change subcolumn shows the number of months the fixed asset is being was planned for usage if the with the Straight Line depreciation depreciation method is selected used for the asset. The Remaining Useful Life (Months) subcolumn shows the number of months the asset was planned to be depreciated after the current month if there were no changes.
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