Depreciation convention

Hi

Anyone have the definition/description of terms under depreciation convention set up under value method in FA AX 2012

None

Full month

mid month (1st of month)

mid month (15th of month)

mid quarter

half year(start of year)

Half year (nextyear)

thanks and best regards

Hi Jahenzab,

The depreciation conventions are used to tell the system how to build out the depreciation cycle for the asset. The cycle will vary depending on asset type and when expenses should be incurred. The decision as to which depreciation convention should be used must be made by your accountant.

Thanks,

Nick

Thanks how do you describe this, whats the functionality of below conventions and how it reacts

None

Full month

mid month (1st of month)

mid month (15th of month)

mid quarter

half year(start of year)

Half year (nextyear)