How to: Calculate Depreciation
In Microsoft Dynamics NAV, with the Calculation Depreciation batch job, you can calculate the following:
Depreciation in accordance with the Income Tax Act
Depreciation in accordance with the Companies Act
Depreciation for multiple shifts
To calculate depreciation, you must set up depreciation books and fixed assets. For more information, see How to: Set Up Tax Depreciation.
To calculate depreciation in accordance with the Income Tax Act
In the Search box, enter Fixed Assets, and then choose the related link.
Select the required fixed asset, and on the Home tab, in the Manage group, choose Edit.
On the General FastTab, select the Add. Depr. Applicable check box to apply additional depreciation in accordance with the Income Tax Act.
On the Posting FastTab, in the FA Block Code field, enter the block code of the fixed asset.
On the Actions tab, in the General group, choose Calculate Depreciation.
In the Calculate Depreciation batch job, on the Options FastTab, fill in the fields as described in the following table.
Field Description Depreciation Book
The depreciation book that is assigned to the fixed asset.
FA Posting Date
The fixed asset posting date.
Use Force No. of Days
Select to use the number of days as specified in the depreciation calculation.
Force No. of Days
The number of days in the depreciation calculation.
Posting Date
The posting date. If you have activated the Use Same FA+G/L Posting Dates field in the Depreciation Book Card window, you can leave this field blank and just fill in the FA Posting Date field. The posting date will be copied to the resulting journal lines. For more information, see Depreciation Book Card Window.
Document No.
The document number.
Posting Description
The text to describe the posting.
Insert Bal. Account
Select to automatically insert the balancing account.
On the Fixed Asset FastTab, select the appropriate filters.
Note
To run this batch job, you must select the No. filter and enter the fixed asset number value.
Choose the OK button.
To calculate depreciation in accordance with the Companies Act
In the Search box, enter Fixed Assets, and then choose the related link.
Select the required fixed asset, and on the Home tab, in the Manage group, choose Edit.
On the Lines FastTab, in the No. of Depreciation Years field, enter the depreciation period.
On the Actions tab, in the General group, choose Calculate Depreciation.
In the Calculate Depreciation batch job, on the Options FastTab, fill in the fields as described in the following table.
Field Description Depreciation Book
The depreciation book that is assigned to the fixed asset.
FA Posting Date
The fixed asset posting date.
Use Force No. of Days
Select to use the number of days as specified in the depreciation calculation.
Force No. of Days
The number of days in the depreciation calculation.
Posting Date
The posting date. If you have activated the Use Same FA+G/L Posting Dates field in the Depreciation Book Card window, you can leave this field blank and just fill in the FA Posting Date field. The posting date will be copied to the resulting journal lines. For more information, see Depreciation Book Card Window.
Document No.
The document number.
Posting Description
The text to describe the posting.
Insert Bal. Account
Select to automatically insert the balancing account.
On the Fixed Asset FastTab, select the appropriate filters.
Note
To run this batch job, you must select the No. filter and enter the fixed asset number value.
Choose the OK button.
To calculate depreciation for multiple shifts
In the Search box, enter Fixed Assets, and then choose the related link.
Select the required fixed asset, on the Home tab, in the Manage group, choose Edit.
On the Navigate tab, in the Depr. Book group, choose Shifts.
In the FA Shifts window, fill in the required fields as described in the following table.
Field Description Shift Type
The working shift type.
Industry Type
The industry type.
Used No. of Days
The number of working days of the fixed asset.
Choose the OK button.
In the Fixed Asset Card window, on the Actions tab, in the General group, choose Calculate Depreciation.
In the Calculate Depreciation batch job, on the Options FastTab, fill in the fields as described in the following table.
Field Description Depreciation Book
The depreciation book that is assigned to the fixed asset.
FA Posting Date
The fixed asset posting date.
Use Force No. of Days
Select to use the number of days as specified in the depreciation calculation.
Force No. of Days
The number of days in the depreciation calculation.
Posting Date
The posting date. If you have activated the Use Same FA+G/L Posting Dates field in the Depreciation Book Card window, you can leave this field blank and just fill in the FA Posting Date field. The posting date will be copied to the resulting journal lines. For more information, see Depreciation Book Card Window.
Document No.
The document number.
Posting Description
The text to describe the posting.
Insert Bal. Account
Select to automatically insert the balancing account.
On the Fixed Asset FastTab, select the appropriate filters.
Note
To run this batch job, you must select the No. filter and enter the fixed asset number value.
Choose the OK button.
See Also
Tasks
How to: Set Up Tax Depreciation
How to: Calculate Retrospective Depreciation
How to: Print a Depreciation Schedule
How to: Print a List of Missing Fixed Assets
How to: Print Retrospective Depreciation