Assets & Depreciation

Depreciation Master

The Depreciation Master creates or edits a depreciation method. These are assigned to Asset Types (and through them to individual assets) to control how asset value is reduced over the asset's useful life. For a complete walkthrough of asset and depreciation setup, see the Quasar Guide — Assets and Depreciation. Access from Assets › Depreciations › New/Edit.

Fields

Number

Unique method number (up to 5 characters).

Name

Method name (up to 30 characters). Example: 5yr Straight Line.

Description

Extended description (up to 50 characters).

Type

Calculation method (dropdown):
• Straight Line — Equal depreciation each period over the useful life
• Declining Balance — Fixed percentage of remaining book value each period
• Units of Production — Proportional to actual usage (requires Units field)
• None — No automatic depreciation

Units

Total production units over the asset's useful life. Only enabled when Type is Units of Production; disabled and ignored for all other types.

Life

Useful life of the asset in years. Used by Straight Line and Declining Balance calculations.

Type Behavior

Changing the Type dropdown dynamically enables/disables the Units field. Units of Production is the only type that requires a units value; for all other types, the Units field is locked at zero.

Toolbar

Save / Undo / New / Delete / Copy / Groups

Standard master screen toolbar actions.

OK / Cancel

Save and close, or discard and close.

Inactive?

Toggle to deactivate the record.

Related Screens

Depreciation List

Asset Type Master

Asset Master