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Accounting › Asset Accounting

Depreciation Areas

One book’s opinion of an asset’s value. Area 01 posts to the ledger, 15 is the tax book and posts nothing, 30 is the group book — this is what parallel valuation actually is.

Where to find it

  1. Module: Accounting
  2. Group: Ledger
  3. Section: Asset Accounting
  4. Screen: Depreciation Areas

Address in the console: /accounting/depreciation-areas

List · 8 columns · 18 fields on its form · 3 of them required

What the list shows

These are the columns of the list, in the order they are drawn. Any of them can be sorted on, filtered on, hidden, or exported.

ColumnKindField name
AreaCodecode
NameTextname
TypeStatusarea_type
PrincipleCodeprinciple_code
LedgerCodeledger_code
PostsYes or noposts_to_ledger
LeadingYes or nois_leading
ValuationsNumbervaluation_count

The form

What is asked for when a record is created here. Required fields are marked; a choice drawn from a configuration list is one an administrator can extend without a release.

FieldTypeChoicesNotes
Code required Text
Name required Text
Type required Choice book, tax, group, insurance, replacement, management, delta
Ledger Choice Looked up from existing records
Accounting principle Choice Looked up from existing records
Currency Choice Looked up from existing records
Writes journals Yes or no A tax area calculates and does not post; its difference reaches the ledger through deferred tax.
Derived from two other areas Yes or no
Derived from Choice Looked up from existing records
Less Choice Looked up from existing records
Permits revaluation Yes or no
Permits impairment Yes or no
Takes the leading area’s cost Yes or no
Takes the leading area’s life Yes or no
Leading area Yes or no
Sort order Number
Active Yes or no
Description Long text

The rules that apply here

Everything on this screen obeys the platform rules rather than rules of its own. The ones worth knowing before you use it:

Beside it in Asset Accounting