Set Rental Rate depreciation percentage

Setting Depreciation Percentage

From the Navigator menu select Inventory and Purchases > Inventory > New item. The Inventory Details window - Rental Rates tab appears.

The depreciation rate is a percentage of the amount charged for the rental. You can only specify a single percentage that is used for all time periods and all price schedules. To modify or set the depreciation percentage, you must first select the 'All Schedules' item from the Price Schedule drop down list, as shown in Figure 1.

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Figure 1: The All Schedules item selection

The Depreciation column is now the only call with a white background. While the All Schedules item is selected, no other values in the listing can be modified or set. Enter the percentage to be used to depreciation the Serialized Rental Unit as it is rented out. The Depreciation cell is show in Figure 2.

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Figure 2: The Depreciation cell

Enter the percentage to be used in the Depreciation calculation. In the example in Figure 2, the depreciation percentage is set to 15%.

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