01. GENERAL DATA

02. DESCRIPTION

This parameter specifies the number of days to be used in total depreciation starting at the acquisition of an asset. It is imperative to accurately determine how to apply depreciation to an asset from the moment it enters company equity.

Operation Details:

• • Depreciation Period Setting: The value set in this parameter defines how many days will be used when calculating total depreciation from the date of asset acquisition. This means that, when registering the acquisition, the system uses these days to calculate the depreciated value of the asset.
  • Impact on Depreciation Calculation: It is imperative to set this parameter correctly, because it determines the value to be depreciated through time. An incorrect definition may lead to inaccurate financial values in accounting statements.

Importance of Parameter:

• • Accounting Accuracy: To make sure depreciation is calculated correctly starting at asset acquisition, it is imperative to accurately reflect the asset values and the financial health of the organization.
  • Asset Management: The possibility of adjusting the quantity of days for total depreciation allows the company to adapt its accounting policy to its specific needs and to the tax system in effect.

Examples:

• • If a company sets MV_ATFDPDI to 30, the total depreciation of the asset will start to be booked from the day of acquisition and extend itself through the next 30 days.
  • For assets acquired at the end of the fiscal year, you may adjust the setting to reflect the time remaining until the closing of the accounting period, thus optimizing asset management and the accuracy of financial reports.

03. OTHER INFORMATION

Not Applicable.

04. RELATED SUBJECTS

• Calculation (ATFA050 - SIGAATF)