Depreciation year

Depreciation year: In the Depreciation year field, select Calendar or

Fiscal.

o Calendar: Updates the basis for depreciation calculation every

year on the first of January.

o Fiscal: Updates depreciation based on the fiscal year set up.

- The fiscal year can be longer or shorter than twelve months.

- When fiscal periods are of different lengths, Microsoft

Dynamics AX 2012 adjusts the depreciation amount for each

fiscal year.

• Period frequency: Period frequency defines the accrual of the

yearly depreciation amount. In the Period frequency field, select

from the following options.

o Yearly: The yearly depreciation is posted only one time. On the

31st of December when Calendar is selected for the

Depreciation year; or on the last day of the fiscal year when

Fiscal is selected for the Depreciation year.

o Monthly: The monthly depreciation is posted as one-twelfth of

the yearly amount each month.

o Quarterly: The depreciation is posted as one quarter of the

yearly amount each quarter.

o Half-yearly: The depreciation is posted as one half of the yearly

amount each half-year.

o Fiscal period: The total amount of depreciation for the fiscal

year is split into the defined fiscal periods.

The available options that display in the Period frequency field depend on

the selection in the Depreciation year field.

o If Calendar is selected for the Depreciation year, the options

are as follows:

- Yearly

- Monthly

- Quarterly

- Half-yearly