Setting Up Depreciation Spread Patterns
Access the Depreciation Spread Patterns form.
- Spread Pattern Code
Specify the code for a specific depreciation spread pattern. A pattern determines how the annual depreciation amount is apportioned to periods within a year. You can designate spread patterns for individual years or for a group of years.
- Spread Pattern Description
Enter the description of the spread pattern.
- Period 01
Enter the percentage of depreciation you want to record for the asset in the first period. You can enter spread percentages as:
Whole numbers (such as 20 for 20 percent).
Whole numbers with a decimal, where the decimal is a fraction of the percentage (such as 50.5 for 50 1/2 percent).
Zero or blank, for no percentage.
You can enter spread percentages for up to 14 periods. The total of the spread percentages must sum to 100.
Note: You set up the default periods for the fiscal year on Date Pattern Revisions for company 00000.Complete periods 02-14 as necessary.
The total for periods 01-14 must equal 100.