**User:** cost percentage of depreciation method

**Assistant:** The Cost Percentage depreciation method calculates the depreciation amount as a percentage of the asset's current cost, not based on the asset's life. You specify this percentage in the Depreciation Method (tffam7110s000) session. Here's a breakdown:

1. Depreciation Method: Set the Depreciation Method field to "Cost Percentage" in the Depreciation Method (tffam7110s000) session.

2. Cost Percentage: Enter the desired percentage in the Cost Percentage field. For example, if you want to depreciate 50% of the current cost yearly, enter "50".

3. Calculation Base: Choose how the percentage is applied: Yearly: The specified percentage is applied to the asset's cost once per year. Periodically: The specified percentage is applied in each period. The system will divide the yearly percentage by the number of periods in the year.

4. Cost Adjustments: If the asset's cost changes, the depreciation is calculated based on the adjusted cost. You can choose whether this adjustment is applied immediately or in the next period using the Apply Cost Adjustment in next Period checkbox. If selected, any cost changes in a period will be reflected in the depreciation calculation starting from the next period.