Live Demo Tour Maintenance Requirements Training Case Studies FAQ Accounting/Financial Management General Ledger Accounts Payable Accounts Receivable Revenue Accounting Joint Interest Billing Authorization for Expenditures Partnership Accounting Depletion(Cost and Statutory) Depreciation Budgeting Revenue Accurals Property Report Writers Financial Report Writers Land Management Lease Master Record Land Management Reports Land Management Inquiry SubSystem Contractual Obligations System Production Management Control Records Transaction Entry Production Reporting Inventory Entry Screens Purchase Orders Reports & Inquiry Payroll Master files Timesheet Entry Inquiry Internal & Regulatory Reports CDEX Crude Oil Marketing Master files Entry Processes Reporting Gas Marketing/Control Master files Entry Processes Reporting   Insert brief text and link to launch tour     Insert brief text and link to launch demo     Depreciation The Avatar Depreciation allows for book, tax, ace, and alternative tax methods. The asset records can be created automatically when extracting the entries from the general ledger, or they can be set up manually. If you let the system set up the records you set up control records defining how you want the system to assign them. Asset records automatically set up from general ledger detail Calculates depreciation for book, tax, ace, and alternative Analyze for 40% rule and reprocess if necessary User defined depreciation methods Transfer, Retirements, Abandonment's, and FASB 121 Reports ©2003 Avatar Systems, Inc.