How To Record Depreciation Via Single Option?

Steps to follow

1. Navigate to Fixed Asset Management.
   • Select the "Accumulated Depreciation" tab.
   • Click on the "Single" option.
      
2. 

3. Add Depreciation Details:

   • Date: Enter the date for the depreciation entry.
   • Code: The system auto-generates a unique depreciation code. 
   • Select Item: Choose the asset item from the dropdown list.
   • Lot Number: Select the specific Lot Number of the item being depreciated.
   • Quantity: Enter the number of units being depreciated (if applicable).
   • Description (Optional): Add a brief description about the depreciation.

4. Depreciation Amount:

   •  (automatically fetched based on asset details like Useful Life and Salvage Value)

5. Save the Entry:

   • Click "Save & New" to record and add another entry.
   • Or click "Save & Close" to finalize the depreciation record and close the form.