Confirming usage and viewing depreciation

Select the “Confirm Usage and View Depreciation” link under the “Asset Depreciation Processing” business component.

The “Confirm Usage and View Depreciation” page appears.

Select the “Review Usage” radio button to record, compute and save asset deprecation.
Select the “View Depreciation” radio button to view depreciation details only.
Click the “Go” pushbutton.
Use the drop-down list box to select the code identifying the depreciation book. The system lists all the Active depreciation books defined in the “Set Depreciation Book” activity of “Asset Depreciation Setup” business component. The system displays “Corporate” by default on launch of the page.
Enter the following fields in the “Search Criteria” group box to retrieve depreciation records for view / update.

Finance Book	To retrieve depreciation records pertaining to a specific financial book, select the financial book from the drop-down list box. The system lists the entire finance books mapped to the login organization unit for selection. The finance book must have been defined in the “Create Finance Book” activity of the “Organization Set Up” business component. The system displays the first finance book by default on launch of the page.
Financial Year	To retrieve depreciation records pertaining to a specific financial year, select the financial year from the drop-down list box. Note: If “Review Usage” radio button is selected, the drop-down list box does not show any financial years. Alternately, if “View Depreciation” is selected and Finance Book is 'CORP', all financial years till the previous financial year are listed in the drop-down list box. If finance book is other than 'CORP', all financial years defined for the depreciation book are available for selection.
Financial Period From/To	To retrieve depreciation records pertaining to a specific range of financial period, use the drop-down list boxes to select the beginning and concluding financial period in the range. The drop-down list boxes display the financial periods pertaining to the financial year. However, if you have opted for “Review Usage”, Financial Period From drop-down list box does not display any values. Note: If “Review Usage” radio button is selected, the drop-down list box does not show any financial years. Note: If “Review Usage” radio button is selected, the drop-down list box does not show any financial periods. Alternately, if “View Depreciation” is selected and Finance Book is 'CORP', all financial periods till the previous financial period are listed in the drop-down list box. If finance book is other than 'CORP', all financial periods defined for the depreciation book are available for selection.
Asset Class	To retrieve depreciation records pertaining to assets belonging to a specific asset class, select the asset class from the Use the drop-down list box to select the code identifying the asset class. The system lists the Active asset classes defined in the “Create Asset Class” activity of the “Asset Type Definition” business component.
Asset #	The number identifying the asset. The asset number must have been defined in the “Create Simple Asset” activity of the “Asset Capitalization” business component and a valid asset number for the specified “Finance Book”. This field is mandatory if the “Asset No.” is selected in the “Basis” field. Help facility available
Tag #	To retrieve assets with a specific tag, enter the tag. The system displays those assets that hold the tag similar to the one entered here. Help facility available
Depreciation Category	Use the drop-down list box to select the category of depreciation The drop-down list box retrieves those depreciation categories defined for the depreciation methods "Life To Overhaul" and "Life to Phase Out"
Dep. Processing Status	To retrieve depreciation records in a specific processing status, select the status from the drop-down list box. The drop-down list box displays: "Processed", "Confirmed" “Deleted” and "Reversed". However, if “Review Usage” radio button is selected, "Deleted", "Reversed" and "Pending" are displayed. Alternately, "Processed", "Confirmed”, "Deleted" and "Reversed" are displayed, if you have selected the “View Depreciation” radio button.
View Exception Detls	To retrieve depreciation records with specific error, select the error from the drop-down list box. The drop-down list box lists error values.

Click the “Get Details” pushbutton to retrieve the asset details in the tab pages.
Select the “Usage Information” tab to record usage details of the asset. (This tab being the default tab appears on launch of the activity.)
Click the “Allocation” tab to record depreciation allocation details for the fixed asset.
Click the “Compute” pushbutton to compute depreciation for the asset.
Click the “Save” pushbutton to save the recorded details.

Note: The “Compute” and “Save” pushbuttons are not available, if you have selected the “View Depreciation” radio button.

The “View Statistics” group box displays the following:

Asset Selected	The total number of records that you have selected in the multiline of the “Usage Information” tab.
Records Selected	The sum total of documents existing against Asset #/Tag # selected in the multiline of the “Usage Information” tab.
Tag Selected	The total number of records that you have selected in the multiline of the “Usage Information” tab.

The “Link” group box displays the following:

Select the “Process Depreciation” link to initiate the depreciation processing for assets.