This is the date on which the fixed asset was purchased. The depreciation will start from the commissioning date, which is the date on which the fixed asset is actually put into service.

The depreciation defined for the fixed asset will start from the first fiscal period following the commissioning date.

This is the date on which the fixed asset is removed from service.

If a fixed asset is sold after expiry of the depreciation period, the sales date can be entered on the General tab.

The acquisition cost of a fixed asset is the purchase price plus any additional costs. Examples include transport costs and installation costs. The amount to be depreciated is the acquisition cost minus the residual value (if any). Define the acquisition cost using the 'Determine fixed asset values' wizard.

You may want to sell the fixed asset once the depreciation period has expired. The amount you expect to sell the fixed asset for at that time is its residual value. The amount to be depreciated is the acquisition cost minus the residual value (if any).

This is the depreciation period expressed in fiscal periods. The number of periods is determined by the chosen depreciation method and depreciation type. The number of depreciation periods is linked to the depreciation percentage.

This is the annual depreciation rate of the fixed asset. The depreciation percentage is determined by the chosen depreciation method and the depreciation type. The percentage is linked to the number of depreciation periods.

This is the sum of all amounts depreciated in previous years. The accumulated sum is followed by the number of depreciation periods.

This is the sum of the amounts depreciated during the current year. The accumulated sum is followed by the number of depreciation periods.

The total depreciation is the sum of the accumulated depreciation in previous years and the current year.

The book value is the acquisition cost minus the depreciation of the fixed asset.