You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Alternative depreciation System

in Assets 2 comments

Hi Team,

Kindly assist us on below mentioned requirement, we would your assistance to how to define a custom Depreciation Method based on our requirement

We have a new requirement to configure ADS (Alternative Depreciation System) Tax Book in Fixed Assets Module

At this moment, we have Corp Book in Fusion Fixed Asset module, and now we need to configure TAX Book (ADS)

In ADS Tax Book, we need to depreciation Assets with different Depreciation % in each year.

Example :

Asset is : 120,000

Asset Life : 5 Years

Tax Team has suggested below mentioned Depreciation % in each Year.

1st Year : Depreciation should be charged with 10 Percentage

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!