Activate / Inactivate Depreciation Setup – A summary of the activity

This activity allows you to activate or inactivate the depreciation rule. You can activate or inactivate the depreciation rate defined for the asset class. You can also activate or inactivate the depreciation category that has been assigned to the asset class. This activity also allows you to inactivate the user defined depreciation calendar if no processing has  happened in that financial year.

The system updates the status to “Active” on activating and to “Inactive” on inactivating. The system updates the login ID of the user to the last modified by and the system date to the last modified date. The system also displays the creation history of the depreciation rule.

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