Field descriptions: Asset depreciation rules—Fixed Assets Management

The unique identifier of the depreciation rule. Sage Intacct generates the ID automatically after you save the rule. It is not editable.

The calculation for how an asset's depreciation expense is computed into periods over its useful life.

Supported depreciation methods

Supported depreciation methods and conventions

Depreciation method	Full month convention	Half year convention	Full year convention
Straight line (SL)
Daily (DR)
150% declining balance (150DB)
200% declining balance (200DB)
Custom declining balance with true-up (CDBT)
Custom declining balance without true-up (CDB)
Derogatory (DER)—France

Learn more about depreciation methods.

This field is only applicable to the following depreciation methods:

• Custom declining balance with true-up (CDBT)

• Custom declining balance without true-up (CDB)

It defines the percentage used to calculate how quickly assets depreciate. Valid values are from 1.00 to 100.00.

Select a Journal posting rule.

The Journal posting rule populates the Useful life units, Convention, Journal ID, and Book ID fields from Fixed Assets Management setup. You can only use each journal posting rule once per classification or asset.

Journal posting rules determine which journals the Fixed Assets Management application can post to and how. Each rule contains details about the journal, convention, useful life units, and more. Journal posting rules are used to automatically populate valid information for depreciation rules, saving you time.

The Useful life is an estimate of the expected service life of an asset.

Enter a number for Useful life in months or years. Review the Useful life units field to determine whether the Useful life is entered in months or years. A useful life of up to 1500 months or 125 years is supported.

For the Derogatory depreciation method (France), the useful life cannot be less than 36 months.

The units of useful life of the asset. Sage Intacct supports months or years.

This field is read-only. The Journal posting rule that you select populates this field.

A multiplier applied to the daily rate to determine the accelerated declining (fiscal) depreciation allowed under French tax rules. The value is set by law and is based on the asset’s useful life:

• 1.25 for assets with a useful life of 36 to 48 months

• 1.75 for assets with a useful life of 49 to 72 months

• 2.25 for assets with a useful life of 73 months or more

The convention determines how depreciation is calculated in the first and last periods of an asset's life.

This field is read-only. The Journal posting rule that you select populates this field.

Supported conventions:

• Full month: Assets start to depreciate on the first day of the month that they are placed in service, regardless of the exact in-service date. This does not affect assets that are under the Daily depreciation method, which start to depreciate on the exact in-service date.

• Half year: Assets depreciate for half a period in the first year they are placed in service, regardless of the exact in-service date. The remaining depreciation is applied in an extra period at the end of the asset's life.

• Full year: Assets start to depreciate on the first day of the year that they are placed in service, regardless of the exact in-service date.

The journal where fixed asset transactions are recorded.

This field is read-only. The Journal posting rule that you select populates this field.

The book associated with the journal.

This field is read-only. The Journal posting rule that you select populates this field.

Historical accumulated depreciation is the total depreciation a historical asset accrued before the go-live date. Enter the amount recorded in your previous accounting system. It must be less than or equal to the asset's depreciable cost and greater than or equal to zero.

Historical assets are assets that were already in use and started to depreciate before your company started using Fixed Assets Management.

Learn more about historical assets.