Any one of the following methods may be selected for each asset.

No Depreciation:   The company as a whole may be set to not calculate depreciation on all assets. If the company is set to calculate depreciation, any one asset may be set to not have depreciation calculated. This allows for the entering and tracking of non-depreciable assets such as land.

Straight-Line Depreciation:  The straight-line method spreads depreciation expense equally over the life of an asset.

• Example 1:    Full life depreciation
• Example 2:     Full life depreciation with prior accumulated depreciation
• Example 3:     Disposal before end of stated life