CIP clearing - Placed in service - Depreciate

CIP clearing: Enter the CIP Clearing account for this category and book if you entered a CIP Cost account. Then click (B) default rules Note: Enter default depreciation rules for each depreciation book for which the category is defined.

Placed in service: In the Default Depreciation Rules window, enter the date Placed in Service range for which these category defaults are effective. When you add an asset, the depreciation rules default according to the date placed in service of the asset, the category, and the book. Depreciate: Check Depreciate if you normally depreciate assets in this book and category