Defining Depreciation Terms and Rates

To set up depreciation terms, use the Terms Definition (DEPR_TERMS_DEFN) component, the Rate-User Defined (UD_DEPR_RATE) component, and the Period Allocation (RUN_AMCALLOC) component.

This topic lists the pages used to set up depreciation terms and rates and discusses how to define depreciation terms.

Page Name

Definition Name

Usage

Depreciation Terms Page

DEPR_TERMS_DEFN

Enter terms to be applied to depreciation in a global environment. These terms are used to alter depreciation calculations so that they comply with specific country requirements. Terms defined at this level are available to be selected when you are specifying depreciation methods and when you have enabled global options.

Rate-User Defined

UD_DEPR_RATE_TBL

Establish rates by useful life.

Life and Rate Information

MR_AM_LIFERATE

View and update rate by useful life.

AM Period Allocation

RUN_AMCALLOC

Create depreciation expense allocation tables.

Use the Depreciation Terms page (DEPR_TERMS_DEFN) to enter terms to be applied to depreciation in a global environment.

These terms are used to alter depreciation calculations so that they comply with specific country requirements. Terms defined at this level are available to be selected when you are specifying depreciation methods and when you have enabled global options.

Navigation:

Set Up Financials/Supply Chain > Product Related > Asset Management > Depreciation > Asset Depr Terms Definition

This example illustrates the fields and controls on the Terms Definition page. You can find definitions for the fields and controls later on this page.

 Terms Definition page

Depreciation terms are used to adjust depreciation calculations so that they comply with specific country requirements. Using additional terms affects how depreciation is calculated:

Term

Depreciation

Special

Depreciation x Rate

Accelerated

Depreciation x Rate

Initial

Cost x Rate

Increase

Depreciation x Rate