DEPRECIATION 

The KSI Depreciation system offers the flexibility of keeping three different methods of depreciation for each asset. This is valuable for companies that need one method for their company books and another for federal tax purposes.

Features:

• Choice of calculation frequency: monthly, quarterly or yearly
• Multiple methods of depreciation:
• Straight line
• Declining balance
• Sum of years digits
• ACRS
• MACRS
• Automatic mid-quarter convention calculation
• Depreciate on either 1/2 or 1/3 month basis
• 20 character alphanumeric asset numbers available
• Categorize assets by department, class, subclass, state and county
• Track asset movement from one department to another

Reports Include:

• Depreciation Schedule
• Property Ledgers
• Current Year Depreciation
• Depreciation Summary by Class/Subclass

Kennedy Systems, Inc. 3455 Peachtree Ind. Blvd. Suite 305-305 Duluth, GA 30096 Phone: (770) 446-0080 Fax: (770) 495-8198 Email: sales@kennedysystems.com