Definition of a custom method

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A custom method is a depreciation calculation method that you define when standard IRS formulas aren't appropriate. You can define and use up to 99 custom methods. Some businesses, for example, must calculate depreciation based on industry-specific formulas.

Any custom methods you define will be available for all clients and, if applicable, on all computers running Fixed Assets CS on a network. Custom methods may be selected from the drop-down list in the Method field of the Depreciation tab in the Asset Detail dialog.

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