Activate / Inactivate Depreciation Books – A summary of the activity

This activity allows you to activate or inactivate the user defined depreciation books. The “Corporate” and the “Tax” books cannot be inactivated. Only the “Active” books can be inactivated. The book cannot be inactivated if the depreciation rule has been mapped to the book. You can enter the code identifying the depreciation book, based on which the assignment details like the depreciation category and the rule are retrieved.

The system updates the status of the book to “Active” on activating and status 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 book.