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Financial management – Depreciation type

Karishma Sibal Jul-11th, 2015 13:08 0 0
Depreciation type can be added from

Settings >> ITIL Section >> Financial management

Note: By default there are four release types:

DT-SL (Straight line)

DT-DB (Declining balance)

DT-DDB (Double declining balance)

DT-SOD (Sum of years digit)

DT-SL (Straight line) cannot be deleted or its status cannot be changed.

Mass Action on Depreciation type:

It is possible to select either of depreciation type or more than one type with the help of checklist and to perform desired action on them. Depreciation type can be either enabled or disabled.

Any depreciation type can be deleted by the delete option except the default depreciation types.

Filter List:

Filter List is used to provide more efficient and effective searches. When you enter filter terms in search box and when filter is applied then the filter list appears according to the filter that is applied.

Apply Filter:

When all the details regarding the filter are filled then filter can be applied for the particular list of depreciation types. Depending upon the terms that are filled for the filter to be applied the list appears for the filters.

Add Depreciation type:

Additional depreciation types can be added using the Add option. When you click on Add you will have the following fields:

Title:

The title for the depreciation type should be specified here.

Display order:

If there are many depreciation types that are available then sorting can be done from Display order. Depreciation types get sorted as per the display order for the depreciation type specified.

Depreciation:

Depreciation method that is to be used is to be selected from the drop down.

Useful life (in years):

The useful life in years should be mentioned here.

Description:

A short description of the depreciation type is to be mentioned here.

Department access:

It consists of departments that will have access to particular depreciation type. More than one department can be selected at a time. It is also possible to select all the departments using All Departments option.

Status:

The status of the depreciation type can be either enabled or disabled from here.

Update Depreciation type:

It is possible to edit or update a particular depreciation type by selecting it from the listing. The changes can be made and it can be updated from the Update option present at the bottom.

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