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Where do I enter the depreciation rates?

Enter the depreciation rates and methods within the Tangible fixed assets accounting policy.

Expand the depreciation method/decimal points options by clicking on the question marks.

Use the radio buttons to select either rates (percentage) or useful life range (years). If you are using percentages, select the number of decimal places required.

Select the appropriate method from the dropdown menu. You have the option to manually type the useful life range/rate using the blue input boxes. To enter depreciation rates for the asset types show in blue, remove ‘x’ to enable the row.

If you require additional rows in the table, click on the question mark next to Other options and select the tick box. The extra lines will appear at the foot of the table.

  • Related template: AccountsAdv IFRS, Charity/Academy, Group consolidation, FRS101/102/105 LLP
  • Software platform: Working Papers 2018, Working Papers 2019, Working Papers 2020, Working Papers 2021