Hi,
Period Control:-
If Asset acquired on 15 Nov 2013, Depreciation may need to start from
1. 1st Jan - Beginning of Year
2. 1st Nov - Beginning of Month
3. 1st Oct - Begining of Quarter
4. 1st Jul - Beginning of Half year
This setting is determined based on Period Control. You can select different option for asset Acquistion, Addition, Transfer and Retirement.
Base Method:-
It determines the method of Depreciation. e.g
States Depreciation - Dep rate will be defined in configuration.
%age based on Useful Life - Autocalculate the depreciation based on useful life of assets.
Declining Balance method
so on..
Hope it helpes.
Thanks,
Deepanshu