Help on Depreciation Rule

This help page allows you to search and select a depreciation rule and transfer the details to the field where it is required.

You can carry out the search using the asset class code, the number identifying the depreciation rule, the textual description of the rule, the depreciation method, the basis on which the depreciation is calculated, the code identifying the depreciation rate, the convention followed and the status of the depreciation rule.

Click the lens icon provided next to the “Depreciation Rule No.” field.

The “Help on Depreciation Rule” page appears.

Enter the following fields in the “Search Criteria” group box:

Asset Class Code	Use the drop-down list box to select the code identifying the asset class. The system loads all the asset class defined in the “Create Asset Class” activity of the “Asset Type Definition” business component, for selection. The system displays the first asset class by default on launch of the page.
Depreciation Rule No.	The number identifying the depreciation rule (Alphanumeric, 20). Enter the depreciation number in full or specify it partially using ‘*’ character. The system retrieves the details in the multiline whose depreciation rule number is similar to the number entered here.
Rule Description	The textual description pertaining to the depreciation rule (Alphanumeric, 40). Enter the description in full or specify it partially using the ‘*’ character. The system retrieves all the depreciation rule whose description is similar to the value entered here.
Depreciation Method	Use the drop-down list box to select the method in which the assets are depreciated. The methods available are “Straight Line”, Diminishing Balance” and the “Sum of Years Digits”. The system retrieves the depreciation rule whose method of depreciation is the method selected here.
	The system displays the “Straight Line” by default on launch of the page.
Basis	Use the drop-down list box to select the basis on which the depreciation is calculated. The options available are “Acqn. Cost” and “Acqn. Cost – Salvage”.
	The system displays the “Acqn. Cost” by default on launch of the page.
Yearly Percent	Use the drop-down list box to retrieve the depreciation rule, which has depreciation yearly percent. The options available are “Yes” and “No”. The system displays “Yes” by default on launch of the page.
Depreciation Rate Id	The number identifying the depreciation rate (Alphanumeric, 20). Enter the rate ID in full or specify it partially using the ‘*’ characters. The system retrieves the depreciation rule whose rate ID is similar to the value entered here.
Depreciation Rate	The rate in which the asset is being depreciated (Alphanumeric, 20). Enter the depreciation rate in full or specify it partially using the ‘*’ character. The system retrieve the depreciation rule whose rate is similar to the value entered here.
Depreciation Convention	Use the drop-down list box to select the convention, which is being followed while depreciation. The various conventions available are “Prorate”, “Mid Year”, “Mid Period” and “User Defined”. The system retrieves the depreciation rule whose convention is similar to the convention selected here.
	The system displays “Prorate” by default on launch of the page.
Status	Use the drop-down list box to select the status of the depreciation rule. The system displays “Active” by default on launch of the page.

Click the “Search” pushbutton to retrieve the details.

The system displays the following fields in the “Search Results” multiline based on the search criteria.

Asset Class Code	The code identifying the asset class.
Depreciation Rule No.	The number identifying the depreciation rule.
Rule Description	The textual description pertaining to the depreciation rule.
Depreciation Rate Id	The number identifying the depreciation rate.
Method	The method, which is adopted in depreciating the asset.
Basis	The basis on which the asset is being depreciated.
Status	The status of the depreciation rule.
Yearly Percentage	Indicates whether the yearly percent is applied for the rule.
Depreciation Convention	The convention followed during depreciation.

Check the box in the “Select” column of the multiline to mark the depreciation rule for transfer.
Click the “Ok” pushbutton to transfer the depreciation rule to the main page.