Add an asset (random depreciation)

For random depreciation, you enter the depreciation each year yourself, which means it can differ from year to year. Normally this is only permitted for a company just starting up. This method is only available for fiscal depreciation.

For an asset with a random depreciation, you enter the period amounts manually. For this reason you cannot enter data such as depreciation percentage or deviating period allocation. In the period properties, you enter the amounts per year (on tab Fiscal periods). As an extra check, you approve each depreciation period before you can journalise it.

A change in an asset (for example, an extra investment) will not lead to a change in random depreciation period amounts. You must change depreciation period amounts that have not yet been journalised yourself.

To add an asset with random depreciation:

1. Go to: Financial / Fixed assets / Asset.
2. Click on: New.
3. Enter the general purchase data.
4. Click on: Next.
5. Enter a value in Purchase value.
6. Complete the fields. 
7. Click on: Next.
8. Select the Fisc. depreciation check box.
9. Select Random depreciation in Depreciation method.
10. Enter a value in Depreciation period.
11. Click on: Finish.
12. Open the asset properties.
13. Go to the tab: Fiscal periods.

    Profit displays the number of depreciation periods which is the same as the term in years.

14. Open a depreciation period.

    

15. Enter the amount for the depreciation period.
16. Change the status to Approved if the amount is approved and can be journalised.
17. Click on: OK.
18. Repeat this for all periods.
19. Click on: OK.