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NSC | Fixed Asset > Default Alternate Depreciation

edited May 27, 2024 8:58AM in Accounting / ERP

The automatic linking or creation of Alternate Depreciation under the Depreciation History tab of the Asset Record when adding a new subsidiary in the FAM Alternate Method is still not possible in the system. This is logged as an enhancement and is documented in Enhancement 359821 Fixed Asset>List>Asset>New> Alternate Methods are not linked to Asset Record if the Subsidiary is Newly Created.

However, here are 2 alternate methods:

  • Manually add the Alternate Depreciation for already created assets
  • For Assets that are still to be created:
    • Navigate to Fixed Assets > Setup > Asset Types
    • Click View on the Asset Type
    • Go to

Micah Patricia Timbol | Basic and Advanced Accounting, OTC Guru

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