Selecting depreciation rule for viewing

Glossary

Basics of using a typical web page

Using online help

This page allows you to search and select the depreciation rule for viewing. You can directly enter the depreciation rule for viewing if you are aware of it. You can also carry out the search using the asset class code, the status of the rule, 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 code identifying the depreciation Id, the rate defined for it and the date on which the rule was modified. The system retrieves the depreciation rule details based on the search criteria.

Depreciation Rule No.

The number identifying the depreciation rule to be viewed (Alphanumeric, 20).

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.

Status

Use the drop-down list box to select the status of the depreciation rule. You can select both “Active” and “Inactive” rule for viewing. The system displays “Active” 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.

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.

Yearly Percentage

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 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”, “Mid Year”, “Mid Period”, “Full 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.

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.

Modified Date

The date on which the depreciation rule was modified (Date Format).

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.

To proceed, carry out the following