Depreciation

Type: Information Object

Status: Active
Industry Sector: Enterprise Core
Sensitivity Level: Restricted
Personal Information: No PII

Description:
Represents the allocation of the cost of a tangible asset over its useful life, reflecting the reduction in value over time.

Accessed by Application(s):

• Enterprise Resource Planning System

 Yes

Attributes

Order	Name	Description	Type	Cardinality	Example value
1	Depreciation Amount	The amount allocated as depreciation over a specific period	Decimal		2000.0
2	Start Date	The date when depreciation starts	Date	Mandatory
3	Asset	The item to which the depreciation applies	Reference	Mandatory
4	Method	The technique used to calculate depreciation	Enumeration	Mandatory	Double-declining
5	Useful Life	The expected duration over which the asset will be depreciated	Integer	Mandatory	5
6	Accumulated Depreciation	The total depreciation recorded for the asset to date	Decimal	Optional	6000
7	Currency	Currency in which depreciation values are recorded	Enumeration	Mandatory	EUR

 Yes
 
 Active
 No PII
 Restricted
 Enterprise Core
 Represents the allocation of the cost of a tangible asset over its useful life, reflecting the reduction in value over time.

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