Configurable Functions Configurable functions of Depreciation

Provision to configure Asset Groups

Provision to configure Country and Parent Company specific rates

Company financial year

Parent Company financial year

Dynamic configuration of depreciation rates for IT ACT and Company ACT and life of the asset

Addition and deletion to an asset

Sell off of an asset

Write off an asset

Scrapping of an asset

Profit and loss for assets sold

Freeze/Unfreezing of depreciation processed for a month or year

Provision to select Capitalization or non capitalization of asset and accessory

Leasehold Improvement

Provision to add Additional costs like duties, insurance charges and additional charges