The asset register supports Double-declining balance, monthly as a depreciation-method choice. It becomes available with Full month from service month. The half-month convention is unavailable for this method.
Review the Monthly book method notice shown in the form. Then inspect Schedule preview, including the first period, planned depreciation total and period count. Confirm the capitalized cost, residual and useful life before evaluating whether the schedule matches the intended estimate.
This is the product's monthly book method. Do not assume that selecting it establishes a particular tax method or a result from an external depreciation calculator. Use the reviewed company treatment and the exact schedule displayed by the application.
After saving, asset details distinguish Original method from Current method when future estimates have changed. Use that history to explain the schedule in force for each period. A future method change belongs in Future estimate changes and should preserve earlier posted journals rather than silently rewriting them.
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