Activating / Inactivating Depreciation Book

Glossary

Basics of using a typical web page

Using online help

This activity allows you to activate or inactivate the depreciation book. Tell me more.

The “Activate / Inactivate Depreciation Books” page appears.

Depreciation Book Code

Use the drop-down list box to select the code identifying the depreciation book. The system lists the Corporate, Tax and other depreciation books for selection. The system displays the “Corporate” book by default on launch of the page.

The system displays the following fields:

Description

The textual description pertaining to the depreciation book.

Status

The status of the depreciation book. The statuses could be

 
  • Active – The system attains the “Active” status on clicking the “Activate Book” pushbutton.

 
  • Inactive - The system attains the “Inactive” status on clicking the “Inactivate Book” pushbutton.

Effective From Date

The date from which the depreciation book is effective.

The system displays the following fields in the “Assignments” multiline.

Note: The system retrieves the depreciation category and the rule assigned to the book.

Depreciation Category

The code identifying the depreciation category.

Depreciation Rule No.

The number identifying the depreciation rule.

Note: The depreciation book must be in “Inactive” status for it to be activated.

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

The system updates the login Id of the user to the last modified by and the system date to the last modified date.

Note: The depreciation book must be in “Active” status for it to be inactivated.

The depreciation book cannot be inactivated if it has any rule assigned to it.

The Corporate and the Tax depreciation book cannot be inactivated.

The system updates the status of the book to “Inactive”.

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 displays the following fields:

Created By

The login ID of the user who created the depreciation book.

Created Date

The date on which the depreciation book was created.

Last Modified By

The login ID of the user who modified the book last.

Last Modified Date

The date on which the book was last modified.