Assets

Depreciation proposed, years still yours to change

Useful lives come from the German table as a proposal and are calculated with the Austrian monthly rule. Low value assets under 1,000 € are written off in full in the year of acquisition. The years stay editable, because the table does not know your client.

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Depreciation as a proposal, not a rule

The useful life comes from the German table as a proposal. The years stay editable, the depreciation is calculated monthly under the Austrian rule.

Low value assets and the year of acquisition

Low value assets under 1,000 € are written off fully in the year of acquisition. Straight line depreciation in the acquisition year is monthly.

How it works

  1. 1

    Create the asset

    Acquisition date, amount and useful life.

  2. 2

    Propose depreciation

    Useful life from the German table, calculation with the Austrian monthly rule.

  3. 3

    Adjust the years

    The useful life stays editable, the depreciation run recalculates.

  4. 4

    Take it into the journal

    The depreciation run goes into the BMD export and the journal.

Questions

Where does the useful life come from?

From the German depreciation table as a proposal. It is editable, the depreciation follows the Austrian monthly rule.

How are low value assets handled?

Under 1,000 € they are written off fully in the year of acquisition. Straight line depreciation is monthly in the acquisition year.

Does depreciation go into the export?

Yes, the depreciation run goes into the journal and from there into the BMD preparation.