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Set up and create depreciation profiles

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Depreciation profiles determine the type and the frequency of depreciation for an asset.

Create a depreciation profile

  1. Go to Fixed assets > Setup > Depreciation profiles.
  2. Click New.
  3. In the Depreciation profile field, type a value.
  4. In the Name field, type a value.
  5. In the Method field, select an option. If selecting reducing balance, you will need to enter a percentage in the Percentage field.
  6. In the Depreciation year field, select an option.
  7. In the Period frequency field, select an option.
  8. Close the page.