Enable Annuity Depreciation

This task shows you how to enable annuity depreciation for your book.

  1. From the Setup and Maintenance work area, click Fixed Assets > Manage Asset Books.
  2. In the Manage Asset Books page, search for your book or create a new book.
  3. In the Create Book or Edit Book page, ensure that the depreciation calendar and prorate calendar are set to Monthly.
  4. Enable the Allow annuity depreciation option.
    Note: You must opt into the feature before enabling this option.
  5. Click Save and Close.