What is the formula or table multiplier BNA Fixed Assets uses to calculate depreciation expense?
Show the Answer. Answer: The settings for the selected Asset Types (along with the Placed-in-Service Date) determine the asset life, method, rate, convention, and source used to set up the depreciation information for all depreciation books. To see the present settings in the Asset Type table for any Asset Type: 1. Open the Asset Type List. 2. Double-click on the Asset Type used for the asset in question. 3. Double-click on the line where the Placed-in-Service Date falls. The Edit Asset Type dialog opens, displaying the critical elements used for that asset’s calculation. -Or- From the Asset Viewer, click on the Depr Expense tab. This tab shows the critical elements for the asset. You can edit them by double-clicking on any of the elements. This brings up the Edit Book Data wizard. The available values are listed on the right side of the panel.
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- What is the formula or table multiplier BNA Fixed Assets uses to calculate depreciation expense?
