You can suspend or resume the depreciation
of an asset.
Note: If you suspend depreciation of an asset when the
asset is added, Assets expenses the missed depreciation in the period
in which the depreciation for the asset is enabled.
Calculation of the missed depreciation varies depending
on which of the following types of depreciation methods you use:
Method Type
|
Explanation
|
Table and calculated methods
|
-
Assets calculates depreciation
expense for the asset based on an asset life that includes the periods
not depreciated.
-
If depreciation was suspended after
an asset started depreciating, Assets catches up the missed depreciation
expense in the last period of the asset's life.
|
Flat-rate methods
|
-
Assets continues calculating depreciation
expense for the asset based on the flat-rate.
-
For flat-rate methods that use
the net book value, Assets uses the asset net book value at the beginning
of the fiscal year in which you resume depreciation. The asset continues
depreciating until it becomes fully reserved.
|