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Through the setup of the depreciation types you can indicate the different
methods for which you wish to track depreciation. The two most common
methods include book and tax. The setup of the depreciation methods indicate
the different depreciation options including (straight line, double declining, sum of
years digits, etc.)
Click on New
Setup misc table 312 as is shown below.
Click Create and then Validate
Perform the same exercise for misc table 313
1
Setup of misc table 313
2
Step 2: Populating the new misc tables
3
Setup of Misc table 313