Selecting depreciation rule for modifying
|
|
|
|
|
This page allows you to search and select the depreciation rule for modification. You can directly enter the depreciation rule for modification if you are aware of it. You can also carry out the search using the asset class code, the number identifying the depreciation rule, the textual description pertaining to the depreciation rule, the method of depreciation, basis on which the depreciation is made, the convention followed while depreciating and the depreciation rate. The system retrieves the depreciation rule details based on the search criteria.
Enter the following field if you are aware of the depreciation rule number or you can carry out the search.
|
Depreciation Rule No. |
The number identifying the depreciation rule (Alphanumeric, 20). |
Enter the following fields in the “Search Criteria” group box to search for the depreciation rule:
|
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 Rule No. |
The number identifying the depreciation rule (Alphanumeric, 20). Enter the depreciation number in full or specify it partially using ‘*’ character. The system retrieves the details in the multiline whose depreciation rule number is similar to the number entered here. |
|
Help facility available. |
|
|
Rule Description |
The textual description pertaining to the depreciation rule (Alphanumeric, 40). Enter the description in full or specify it partially using the ‘*’ character. The system retrieves all the depreciation rule whose description is similar to the value entered here. |
|
Depreciation Method |
Use the drop-down list box to select the method in which the assets are depreciated. The methods available are “Straight Line”, Diminishing Balance” and the “Sum of Years Digits”. The system retrieves the depreciation rule whose method of depreciation is the method selected here. The system displays the “Straight Line” by default on launch of the page. |
|
Basis |
Use the drop-down list box to select the basis on which the depreciation is calculated. The options available are “Acqn. Cost” and “Acqn. Cost – Salvage”. The system displays the “Acqn. Cost” by default on launch of the page. |
|
Depreciation Convention |
Use the drop-down list box to select the convention, which is being followed while depreciation. The various conventions available are “Prorate”, "Full Month", “Mid Year”, “Mid Period”, "Mid Month" and “User Defined”. The system retrieves the depreciation rule whose convention is the conventions selected here. The system displays “Prorate” by default on launch of the page. |
|
Yearly Percent |
Use the drop-down list box to retrieve the depreciation rule, which has depreciation yearly percent. The options available are “Yes” and “No”. The system displays “Yes” by default on launch of the page. |
|
Depreciation Rate Id |
The number identifying the depreciation rate (Alphanumeric, 20). Enter the rate ID in full or specify it partially using the ‘*’ characters. The system retrieves the depreciation rule whose rate ID is similar to the value entered here. |
|
Depreciation Rate |
The rate in which the asset is being depreciated (Alphanumeric, 20). Enter the depreciation rate in full or specify it partially using the ‘*’ character. The system retrieve the depreciation rule whose rule is similar to the value entered here. |
Click the “Search” pushbutton to retrieve the details.
The system displays the following fields in the “Search Results” multiline:
|
Asset Class Code |
The code identifying the asset class. |
|
Depreciation Rule No. |
The number identifying the depreciation rule. |
|
Rule Description |
The textual description pertaining to the depreciation rule. |
|
Depreciation Rate Id |
The number identifying the depreciation rate. |
|
Method |
The method which is adopted in depreciating the asset. |
|
Basis |
The basis on which the asset is being depreciated. |
|
Status |
The status of the depreciation rule. |
|
Yearly Percentage |
Indicates whether the yearly percent is applied for the rule for depreciation. |
Check the box in the “Select” column of the multiline to mark the depreciation rule for modification.
To proceed, carry out the following
Select the “Edit Rule” link at the bottom of the page to modify the selected depreciation rule.
Select the “Edit Assign” link at the bottom of the page to modify the rule assigned to the depreciation book.
