Add Custom Method dialog

Enter a name for the custom method, select a period convention, and select
Continue
. The
Annual Rates
window then opens automatically, letting you enter depreciation percentages for up to 40 years.
To open this window, select
Add
in
Setup
, the
Custom Methods
window.

Fields and buttons

Enter the name of the new custom method.
Select one of the following options.
  • Monthly:
    Based on number of months held during year of transaction; full month or no month for month of transaction.
  • Half Year:
    Give one-half year's depreciation in year of transaction.
  • Full year / No year:
    Full year or no year, depending on when during the year the transaction occurs.
  • Full year at acquisition / global disposal treatment:
    Full year at acquisition, or monthly if using a global disposal treatment.
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