Configuration on Asset Management Part 2

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Remaining Document on Asset Management:

14. Specify Intervals and Posting Rules

You define the posting cycle (how often depreciation is posted) whether

monthly, quarterly, semiannual or annual and the account assignment rules

for the depreciation-posting run.

The values for posting cycle are as follows:-

1 - Monthly posting

3 - Quarterly posting

6 - Semi-annual posting

12 - Annual posting

15.  Define Base Methods

The base method contains general control parameters the system needs for

calculating depreciation. You enter base method in a depreciation key.

In the base method you specify the following:-

1) Depreciation type

  2) Depreciation calculation method

16.  Define Base Methods

16.  Define Declining-Balance Method

17.  Maintain Period Control Methods

18.  Define Multi-Level Method

19.  Maintain Depreciation Key

20. Assign Depreciation Key

Assign the depreciation key to every class.