Understanding UserDefined Depreciation Concept Understanding UserDefined Depreciation Understanding
- Slides: 7
Understanding User-Defined Depreciation Concept
Understanding User-Defined Depreciation
Understanding User-Defined Depreciation Step 1 People. Soft Asset Management enables you to calculate the depreciation of assets and manage the financial books of a company. To create and use depreciation methods, you need to follow the steps displayed on the screen.
Understanding User-Defined Depreciation Step 2 Before creating a depreciation formula, you first review and select variables for the depreciation formula. People. Soft Asset Management provides a list of user-defined depreciation variables that are commonly used to create a depreciation method.
Understanding User-Defined Depreciation Step 3 After you review and select the variables, you use the User Defined Variables page to create or find a variable for your method. The Program Variable field displays the name used to identify the variable with the corresponding internal AMDPCALC program variable name.
Understanding User-Defined Depreciation Step 4 You use the Assign to Variable check box if you want to assign the resultant value to this variable. The Initialize check box determines whether you can initialize the content of a variable during consecutive year calculation.
Understanding User-Defined Depreciation Step 5 You have identified the steps and prerequisites that are required to create a user-defined depreciation method. End of Procedure.
