This field displays the depreciation duration of the asset.
In the case when association of sections are set up for the financial asset, the duration can be automatically determined from the accounting Code and/or the Group.
From the Action icon, select Duration in months to enter the duration directly in months, which is then automatically converted into years and thousandths of years.
According to the selected depreciation mode, the following controls will be applied:
- Free mode: the entered duration should be at least equal to the minimum duration specified for this mode.
- Modes: LV (Straight-line beyond residual value), SA (Without depreciation) or IT (Ordinario/Anticipato)modes: the duration will be equal to 0.
- Mode: LP (French straight-line) mode and specific rule as Software 12 months: the duration will be equal to 1 year.
- Mode: LG (Laundry)mode: the duration is equal to 1.5 and cannot be changed.
- Mode: FM (Forms and molds) mode: the duration will be equal to 3 years.
- Modes: DF (French declining), DE (Spanish declining), DI (Mixed Spanish declining), DB (Mixed Belgian declining), DP (Portuguese declining), DV (Mixed Portuguese declining) modes: the duration will be greater than 3 years.
Asset in concession managed according to the following management mode: 1st asset of the concession:
- CA (Amortization expense/Gross value) mode: the duration can be expressed (in years and hundredths of years) by the user. If not entered by the user, the duration is determined systematically according to the following way: Concession end date - Depreciation start date. If the entered duration causes the depreciation end date to be later than the concession end date, then the duration will be calculated according to the formula described above. However, the entered duration will be saved and applied in case the concession is extended.
Asset in concession managed according to the following management mode: Renewal:
- The plan duration managing the amortization expense cannot be entered.
- If the asset is not the subject of a Contractual Renewal Obligation, check box not selected, the depreciation duration of this plan inherits from the one of the plan that manages the industrial depreciation.
- If the asset is the subject of a Contractual Renewal Obligation, check box selected, the depreciation duration of this plan cannot be entered; it is displayed at 0.
Depreciation duration for the component assets:
On the Fiscal plan, the depreciation duration of the Component assets can be automatically determined, during the confirmation of the asset creation, from the duration that appears in the Principal asset plan. The calculation mode for this duration depends on the \ CPLDURPRC - Assets % Depreciation duration parameter setting (AAS chapter, FAS group).
Subsidy plan :
Upon asset creation, the subsidy plan systematically inherits of the fiscal plan mode.
Further details and examples are provided in the following documentation: Depreciation mode description.