Recording the Usage Information tab

Click the “Usage Information” tab in the “Confirm Usage and View Depreciation” page.

The “Usage Information” multiline displays the following details of assets retrieved by the search criteria:

Ind.
Asset #	The identification number of the fixed asset.
Tag #	The tag number of the fixed asset.
Usage	The nature of usage of the fixed asset. Displays "Asset Cost", if the cost of the usage pertains to normal asset cost. "CME", if the cost of the usage pertains to the Capital Maintenance expenditure of the asset
Asset Cost	The value of the fixed asset / CME cost.
Book Value	The current value of the asset in the financial books after deduction of depreciation charges. More details Note: 1) If you delete the book value, it will be automatically reset to 0. 2) The book value must be less than Maintenance Interval, less than or equal to Cum. Usage and positive. 3) This field is updated as ‘0’ against the component, if it has complied with the CME event. 4) For migrated assets, the Usage-In Service Date value is set to the Asset Opening usage from the Asset Migration component.
Comp. #	The component number of the asset.
Param.	The lead parameter of the asset for calculating its usage, depreciation and book value.
Maint. Int.	The interval between successive maintenance on the aircraft.

Enter the following in the “Usage Information” multiline.

Usage-In Service Date

The usage of the asset as on the In Service date.

However, by default the system sets the asset usage for the fixed asset in the following way:

The TSN/TSO value as on the In Service date for components whose usage as on in service date is not available.
The TSN value for Life Limited parts and TSO Value for Non-Life Limited parts as on In-Service Date

Field availability: This field is available only if the process parameter "Consider Opening usage as on In Service Date for CME Depreciation computation" is set as ‘1’ in the “Set Finance Process Parameters” activity of OU Parameter Setup. However, this field does not appear, if "Consider Opening usage as on In Service Date for CME Depreciation computation" is set as ‘0’.

The “Usage Information” multiline displays the following:

Cum. Usage

The total usage of the asset in terms of the lead parameter subsequent to migration.

Enter the following in the “Usage Information” multiline.

Migrated Usage

The value at which the parameter was initialized when it was inducted into operations.

The “Usage Information” multiline displays the following:

Cum. Depreciated Usage	The total of Depreciated Usage till the previous period for the Asset # /Tag #.
Depreciable Usage	The depreciable usage of the asset as determined by the system for computation of depreciation on the fixed asset

Enter the following in the “Usage Information” multiline.

Actual Depreciated Usage

The depreciable usage of the asset to be considered for depreciation computation on the fixed asset.

If value specified by the user here overrides Depreciable Usage for depreciation computation.

The “Usage Information” multiline displays the following:

Prev. Period	The value of “Actual Usage” as at the end of the previous financial period.
Remaining Usage	The remaining lifespan of the aircraft based on lead parameter usage. Maint. Int - (Cum. Usage ) + (Depreciable Usage - Actual Depreciated usage)
Dep. Rate	The rate of depreciation charged on the asset. Remaining Usage / Maint. Int*100
Revised Book Value	The book value of the asset as result of reversal/change of depreciation rate charged on the asset. Asset Cost / Maint. Int * Remaining Usage
Dep. Amount	The amount of depreciation charged on the asset in the financial period (month).
Cum. Dep.	The total amount of depreciation charged on the asset since induction till date.
A/C Dtls	Indicates whether account details for the asset #/tag # are available. If this field displays ‘Yes’, you can click on the data hyperlink to navigate to the Allocation tab.
Dep. Status	The depreciation status of the asset, such as
Asset Class	The asset class to which the asset belongs.
Asset Desc.	The description of the asset.
Tag Desc.	The description of the asset tag.
Dep. Category	The category of depreciation being charged on the asset.
Fin. Book	The finance book to which the depreciation entries are posted for the asset.
Fin. Year	The financial year of the financial period for which the depreciation is charged based on the depreciable usage.
Fin. Period	The financial period from the financial year in which the depreciation was charged on the asset. The financial period is set to a month of a financial year.
Part #	The part # of the asset.
Serial #	The serial # of the asset.
Aircraft Reg #	The aircraft to which the asset is currently attached.
Error	Error message, if
Depreciation Book Code	The identification number of the depreciation book to which depreciation entries are posted for the asset.
Last Modified By	The login user who most recently modified the record.
Last Modified Date	The date on which the login user most recently modified the record.

To proceed

Select the “Allocation” tab to record depreciation allocation details for the fixed asset.