Viewing depreciation by asset

Glossary

Basics of using a typical web page

This page allows you to view the depreciation charged for an asset based on the asset. Only the depreciation that are “Processed” can be viewed through this page. You can view descriptions pertaining to the new asset, the depreciation category and the simulation year. The system retrieves depreciation charges based on each rule applied. You can also view the depreciation charged for an asset during the suspension period. The system also computes the depreciation and total and displays it below the multiline.

The “View Depreciation by Asset” page appears.

The system displays the following fields:

Asset Description

The textual description pertaining to the new asset.

Depreciation Category

The code identifying the depreciation category.

Year

The number of years the depreciation was simulated.

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

Asset No.

The number identifying the asset.

Year

The number of years in which the depreciation was simulated.

Tag No.

The number identifying the asset tag.

Asset Cost

The cost of the asset.

Salvage Value

The scrap or the salvage value of an asset.

Existing Depreciation

The existing depreciation for the asset.

Suspension Depreciation

The depreciation calculated for an asset during the suspension period.

Depreciation Charge Rule 1

The depreciation charged on an asset by applying the depreciation rule 1.

Depreciation Charge Rule 2

The depreciation charged on an asset by applying the depreciation rule 2.

Depreciation Charge Rule 3

The depreciation charged on an asset by applying the depreciation rule 3.

The system display the following fields below the multiline:

Existing Depreciation Total

The total of all the existing depreciation in the multiline.

Suspension Total

The total of depreciation charged during the suspension period for an asset.

Depreciation Rule 1 Total

The total of the depreciation charged on an asset by applying the first depreciation rule.

Depreciation Rule 2 Total

The total of the depreciation charged on an asset by applying the second depreciation rule.

Depreciation Rule 3 Total

The total of the depreciation charged on an asset by applying the third depreciation rule.

To proceed, carry out the following