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The Method/Life Wizard automatically fills in the methods and lives for an asset.

Open an asset in Onvio Fixed Assets. The asset will open in the Depreciation tab. Scroll down to the Depreciation table and select the Method/Life Wizard button. Then make a selection from the Asset Class dropdown.

Within the Method/Life Wizard, you can choose from a list of asset classes. Then, based on the asset class you chose and the date the asset was placed in service, Onvio Fixed Assets automatically enters the appropriate methods, lives, and, if applicable, ADS lives for all treatments that are being calculated.