Applied Depreciation Method

The applied depreciation method object contains records of the depreciation methods applied to depreciation books. Each record contains the depreciation book, depreciation method applied and the date on which that method came into effect. To calculate depreciation, each depreciation book must be associated with at least one applied depreciation method. An applied depreciation method can only be associated with one depreciation book. Tax depreciation books can be associated with more than one applied depreciation method.