On this tab, you can list the fixed assets intended for conservation.
The "The "Conservation of Fixed Assets (create)" form. The Fixed Assets tab
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Use the Depreciation Suspension Date column to select the date starting which depreciation will not be calculated.
The Initial Cost (Acct. Cur.) column is populated with The Gross Cost subcolumn shows the initial cost of the fixed asset in the accounting currency; this cost was specified upon accepting the asset to accounting.The asset as in the Fixed Asset Entry document or its revised cost as in the Changes of Fixed Asset Parameters document if the cost was changed.
The Salvage Value subcolumn shows the asset net book value at which depreciation must be stopped.
The Useful Life (Months) subcolumn subcolumn (available for the the Straight - Line method method) is populated with the number of months the fixed asset was is planned to be used. In the The Depreciation Method subcolumn, you can notice subcolumn shows one of the following available depreciation methods that was assigned to the fixed asset:
- Straight Line: Used to To calculate depreciation in equal monthly amounts during the fixed asset useful life.
- Units of Production: Used to To calculate depreciation amounts proportionally to actual usage of the fixed asset.
The Estimated Production Volume subcolumn is used only for assets for which the Units of Production depreciation method is used. It is populated with the production volume (usage) required for the asset full depreciation. In the Accumulated Production Volume subcolumn, the sum of production volumes calculated over the previous periods is shown.
The Cost for Depreciation Calculation (Acct. Cur.) The Depreciable Cost subcolumn is populated by default with the initial or revised cost of the asset in the accounting currency. If the fixed asset had been revaluated which was registered in a posted Change of Fixed Asset Parameters document, it is the cost after revaluation.The Accumulated Depreciation (Acct. Cur.) subcolumn minus the corresponding salvage value, initial or revised. The Accumulated Depreciation subcolumn shows the sum of depreciation amounts calculated over all in previous periods, since the start of depreciation.
The The Net Book Value (Acct. Cur.) column column shows the difference between the initial cost (or the costs in the Cost for Depreciation column if different) and the accumulated depreciation for the asset.In the current cost of the fixed asset, that is, the gross cost minus the accumulated depreciation amount.
In the Reason column, you can specify why this fixed asset has been placed place into conservation.
The tab toolbar buttons
The Calculate button can be used to refill the data for a listed fixed asset in case you noticed that the last-month depreciation is not calculated, and after calculating . In this case, you need to calculate this depreciation by using the Fixed Asset Depreciation document , you and return to this document to update the data.