This is the code that is entered on the fixed asset screen to identify the limit table to be used when depreciating the asset. This code can be either numeric, alphabetic or a combination of both. The field is 15 positions wide.
This field contains the description of the table. The field is 35 positions wide.
The annual limits and the years (years of asset life, i.e 1, 2, 3) in which they are applied are entered on the second part of the Depreciation Limits form displayed below.
Depreciation Years From
The annual limit applied to depreciation is associated with a particular year or range of years (asset life years, i.e. 1 or 1-3). Enter here a year or the first year in the range of years
Depreciation Years To
The annual limit applied to depreciation is associated with a particular year or range of years (asset life years, i.e. 1 or 1-3). If the limit in this table entry is associated with a range of years, enter the last year in the range of years. Otherwise leave this field blank.
Enter here the amount of the annual limit on depreciation.