Viewing depreciation by year

Basics of using a typical web page

This page allows you to view the depreciation charged on an asset based on the simulation year. Only the depreciation that are “Processed” can be viewed through this page. You can carry out the search using the number identifying the simulation run, the depreciation category, the textual description pertaining to the new asset and the year in which the depreciation was simulated. 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 Year” page appears.

Simulation Run No.

Use the drop-down list box to select the code identifying the simulation run. The system lists the simulation run number, which are in “Processed” status. The system displays the first simulation run number by default on launch of the page.

Depreciation Category

Use the drop-down list box to select the depreciation category for which the depreciation was simulated. The system displays the first category by default on launch of the page. The system leaves the fields blank, if the depreciation is simulated for the new asset.

Asset Description

Use the drop-down list box to select the textual description pertaining to the new asset for which the depreciation was simulated. The system displays the first description by default on launch of the page.

Year

Use the drop-down list box to select the number of year for which the depreciation was simulated. The system lists 1, 2 or 3 if the simulation year is 3. The system displays ‘1’ by default on launch of the page.

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

Depreciation Category

The code identifying the depreciation category.

Asset Description

The textual description pertaining to the new asset for which the depreciation was simulated.

Year

The number of years the depreciation was simulated.

Asset Value

The cost of the asset taken up for simulating the depreciation.

Salvage Value

The scrap or the salvage value of an asset.

Existing Depreciation

The existing depreciation charge 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