ERP Internals/Glossary/Depreciation
< ERP Internals | Glossary
When an asset that is not for resale and has a life of more than one year is purchased, a portion of its cost is allocated to each year of its use by the enterprise.
When an asset that is not for resale and has a life of more than one year is purchased, a portion of its cost is allocated to each year of its use by the enterprise.