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Asset Depreciation

Asset depreciation has been reworked in Calem Enterprise R11. It supports three depreciation methods and annual reporting.

Here are the key fields to configure in an asset for depreciation reporting.

  • An asset can be excluded from depreciation by setting its flag: "No Depreciation"
  • Original and end values define the starting and ending values before and after all deprecation are counted.
  • Depreciation start date and life-span in years define how many years assets will be depreciated.
  • Depreciation method determines how assets are depreciated. The methods supported include:

Annual Reporting

Depreciation reports show depreciation based on the report years.

  • Check "Execute Depreciation" to recalculate depreciation. This should be done at least once a year prior to annual depreciation report, or when depreciation parameters are updated for assets.
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