Setting Up Depreciation Default Values
Access the Depreciation Default Coding form.
![Depreciation Default Coding form](images/fa_gr0021.gif)
You must set up the AA ledger type as a minimum for all the assets. Use depreciation method 00 with the AA ledger for non-depreciating equipment. If you use depreciation method 00, you are not required to define a depreciation default value for the accumulated depreciation and depreciation expense accounts.
In general, you establish a one-to-one relationship between the asset cost account and the Major Accounting Code (C1).
To create a report that shows the default values, select Default List from the Report menu on Work With Depreciation Defaults.
Alternatively, you can select Depreciation Defaults Report from the Cost Information & Reports menu (G1213).