This page allows you to view the function defaults set for the depreciation processing. You can enter modified date, based on which the system retrieves the function defaults set.
Select the “View Function Defaults” link under the “Asset Depreciation Setup”.
The “View Function Defaults” page appears.
Enter the following field:
Modified Date |
Use the drop-down list box to select the date on which the function defaults was last modified. The system lists all the modified date for selection. The system displays the first date in the list by default on launch of the page. On selecting the modified date, the system retrieves all the function defaults set on that date. |
The system displays the following fields:
Note: The system lists all the parameters for the selected modified date.
Allow Depreciation before period or year-end |
Indicates that the depreciation is calculated before the year or the period end. |
Rate Based Depreciation – 30 days month |
Indicates that the month comprises 30 days. |
Include capitalization date for depreciation |
Indicates that the capitalization date is also included for calculating the depreciation. |
Include processing (non-capitalization) date |
Indicates that even the non capitalization date is been included for the depreciation. |
Number of rounding off decimals – Rate |
Indicates the number of rounding of decimals while calculating the depreciation. |