Depreciation Schedules

From the menu bar, click Maintenance > Inventory Maintenance > Depreciation Schedules or press Alt N I R on the keyboard.

Depreciation Schedules should be used to establish the methods for depreciating your inventory that are required by your accountant.  For each inventory item that should be depreciated you will assign the appropriate schedule.  The method of depreciation may either be 1) Book, in which case General Ledger will be affected when the depreciation calculation is run or 2) Tax, in which case the amount depreciated will appear in report format only and will not affect General Ledger.