Create Depreciation Plan

Explanation

This activity is used to create a depreciation plan. A depreciation plan includes forecasted depreciation calculated for a selected time period. Depreciation plans are used to generate depreciation plan reports.

Prerequisites

• Fixed asset objects of the status Active, Planned or Investment must exist.
• For an object to be included in a depreciation plan, it must have at least one book connected to it.

System Effects

A depreciation plan will be created which will be available for generating depreciation plan reports.

Window

Depreciation Plan
Depreciation Plans

Related Window Descriptions

Create Depreciation Plan
Depreciation Plan
Depreciation Plans

Procedure

1. Open the Depreciation Plan window or the Depreciation Plans window.
2. Right-click in the background and click Create Depreciation Plan.
3. Enter a value in the Book ID field to specify the book to which the depreciation plan is connected.
4. Select the Simulate Postings check box if you want posting control instructions for FAP5 and FAP6 posting types to be simulated for the depreciation plan.
5. Enter a description for the depreciation plan in the Plan Depreciation field if required.
6. Specify the time period for which the depreciation plan should be created by selecting the relevant accounting years and periods for the From and Until fields opposite the Calendar label.
7. Specify whether you want the objects to be included in the plan to be selected based on the object or object group by selecting either Object or Object Group.
8. If the object selection is based on the object, specify a range of objects to be included in the plan by entering appropriate values in the From and Until fields opposite the Object option.
9. If the object selection is based on the object group, specify a range of object groups to be included in the depreciation plan by entering appropriate values in the From and Until fields opposite the Object Group option.
10. Select the Include Objects in Planned and Investment Status check box if you want the depreciation plan to include objects of which the status is either Planned or Investment.
11. Select the Run in Background check box if you want the creation of the depreciation plan to be carried out as a background job.