Enter Books for Object

Explanation

This activity is used to enter information on books for a fixed asset on Fixed Asset Object page. If a book is selected as a rotable pool book, you can only define depreciation methods based on acquisition value with depreciation not allowed below depreciable basis. 

Default values are displayed on Books tab, depending on the object group. (Note: No default values will be displayed for the objects of which the object type is Not Depreciable).

Prerequisites

Before information can be entered on the Books tab, the following must have been completed:

System Effects

As a result of this activity, the book and depreciation method entered for an object can be used when a depreciation proposal or a depreciation plan is created.