Use this activity to add/modify depreciation calendars in IFS/Fixed Assets.
On Depreciation Calendar page you can enter new accounting period information for a defined depreciation calendar. When saving accounting period information a check is made to verify accounting periods are in sequence with regard to year and period and that the dates for Date From and Date To are in sequence. Additionally, a check is made to ensure accounting year does not have fewer periods than the previous accounting year.
Alternatively, to create depreciation periods for an interval of years click Create Depreciation Periods on Depreciation Calendar page .
Before the accounting period is checked/added, the following must have been completed:
As a result of this activity, books can be connected to a depreciation calendar. Then the object transactions created will be assigned to depreciation calendar periods and, if appropriate, posted to an accounting period based on this information specified here.