Activating / inactivating depreciation rate

This page allows you to activate or inactivate the depreciation rate. On inactivating the depreciation rate Id, all the rates defined under it is also inactivated. For the asset class code, you can enter the code identifying the depreciation rate and the textual description pertaining to the depreciation rate and retrieve the rates defined for it.

On activating the system updates the status of the depreciation rate to “Active” and the system updates the status to “Inactivate” 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.

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

The “Activate / Inactivate Depreciation Rate” page appears.

The system displays the following field:

Status	The status of the depreciation rate. The various statuses of the depreciation rate are
	Active – Indicates that the depreciation ID is just been created.
	Inactive – When the depreciation ID is inactivated, the system updates the status of the depreciation ID to “Inactive”.

Enter the following fields in the group box to search for the depreciation rate:

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 Rate Id	The code identifying the depreciation rate (Alphanumeric, 20).
	Help facility available.
Rate Id Description	The textual description pertaining to the depreciation rate ID (Alphanumeric, 100).

Click the “Get” pushbutton to retrieve the depreciation rate details in the multiline.

The system displays the following fields in the “Depreciation Rate Details” multiline:

Depreciation Rate	The code identifying the depreciation rate.
Effective From Date	The date from which the depreciation rate is effective.
Expiration Date	The date till which the depreciation rate is effective.

Click the “Active Rate” pushbutton to activate the depreciation rate.

Note: The depreciation rate must be in “Inactive” status.

The system updates the status of the depreciation rate 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 rate.

Click the “Inactive Rate” pushbutton to inactivate the depreciation rate.

Note: The depreciation rate must be in “Active” status.

If the depreciation rate ID has been assigned to any depreciation rule that is in “Active” status, then the depreciation rate cannot be inactivated.

The system updates the status of the depreciation rate 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 rate.

The system displays the following fields:

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

To proceed, carry out the following

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