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The Straight Line Breakdown
Straight line depreciation is one of the most common methods used when depreciating assets. Have you ever wondered about the list of conventions, and what they mean, and what they do? I hope these explanations help you understand which depreciation convention...
Adjusting the Depreciation Basis of an Asset
So your organization just got a brand new vehicle or other asset and you want to record this in The Financial Edge. However, there is still some information that you do not have about the asset, such as how you want to handle the depreciation basis or...
Depreciation Years
Understanding your depreciation years is important to ensure accurate asset depreciation. When you create your Depreciation Year in Configuration , you define the time frame for the accounting cycle and the number of periods that make up the cycle for...