Activating / inactivating depreciation calendar

This page allows you to activate or inactivate the user defined depreciation calendar. You can enter the code identifying the financial year based on which the financial period details are retrieved. The system retrieves the details like the code identifying the financial period, the textual description pertaining to the financial period, the start date and the end date of the financial period.

The system updates the status of the calendar 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 calendar.

Select the “Activate/Inactivate Calendar” link at the bottom of the “Activate / Inactivate Depreciation Rule” page.

The “Activate/Inactivate Depreciation Calendar” page appears.

The system displays the following field:

Status	The status of the depreciation calendar. The various statuses available are
	Active – The calendar on creation attains the “Active” status. The inactive calendar when activated attains “Active” status.
	Inactive – The calendar when inactivated, attains the “Inactive” status.

Enter the following fields in the group box:

Depreciation Book Code

Use the drop-down list box to select the code identifying the depreciation book. All the depreciation books defined in the “Set Depreciation Book” activity other than “Corporate” and “Tax” are listed in the drop-down list box. The system lists all the depreciation book, which has the depreciation calendar, mapped for selection. The system displays the first depreciation book from the list by default on launch of the page.

Note: The financial year must exist for the depreciation book.

Financial Year Code	The code identifying the financial year (Alphanumeric, 15).
	Help facility available.
	Press <Enter>. The system retrieves the financial year and the financial period details based on the financial year code entered.

The system displays the following fields:

Description	The textual description pertaining to the financial year.
Start Date	The start date of the financial year.
End Date	The end date of the financial year.

Click the “Get Details” pushbutton to retrieve the financial period details.

The system displays the following fields in the “Financial Period Details” multiline:

Financial Period Code	The code identifying the financial period, associated to the financial year.
Description	The textual description pertaining to the financial period.
Start Date	The start date of the financial period.
End Date	The end date of the financial period.
Legacy Date	Indicates that the financial period is a legacy period.

Click the “Active Calendar” pushbutton to activate the depreciation calendar.

Note: The financial year subsequent to the selected financial year must be in “Active” status.

The end date of the immediately preceding financial year must be less than start date of the reactivated period by one day.

The system updates the status of the calendar 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. The system also displays the creation history of the depreciation calendar.

Click the “Inactivate Calendar” pushbutton to inactivate the depreciation calendar.

Note: The financial period can be inactivated, only if the depreciation processing has not been done in the selected financial period.

Start Date Modification

The Financial Year 2 (1/1/2001 - 31/12/2001) is to be inactivated.
The previous active Financial Year 1 is (1/1/2000- 31/12/2000) and the subsequent active Financial Year 3 is 1/1/2002 - 31/12/2002.
Then the Start Date of Financial Year 3 and the first Financial Period in that year will be 1/1/2001 (31/12/2000 +1).

The system updates the status of the calendar 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 also displays the creation history of the depreciation calendar.

The system displays the following fields:

Created By	The login ID of the user who created the depreciation calendar.
Created Date	The date on which the depreciation calendar was created.
Last Modified By	The login ID of the user who modified the depreciation calendar last.
Last Modified Date	The date on which the depreciation calendar was last modified.

To proceed, carry out the following

Select the “Function Defaults” link at the bottom of the page to view the function defaults.