Supported Depreciation Methods

For an overview of the depreciation methods and conventions that AssetEdge supports, see below.

Methods

Straight Line

Declining Balance (Factors: 125%, 150%, 175%, 200%)

Variable Declining Balance (Factors: 125%, 150%, 175%, 200%)

Sum of the Years' Digits

Conventions for Straight Line and Declining Balance Methods

Full month, full year, mid-month, mid-quarter, mid-year, zero month

Conventions for Sum of the Years' Digits

Full month, full year, mid-year

To understand the difference between the methods, follow the Depreciation Methods Example.