Projecting Depreciation Expense
Depreciation projections are estimates of actual depreciation expense. You can project depreciation expense for any depreciation book.
You can run depreciation projection only for the current depreciation parameters set up in your system. If you need to project depreciation for scenarios other than your current setup, you can run what-if depreciation for a hypothetical set of parameters. See: Forecasting Depreciation Using Hypothetical Parameters.
Prerequisites
If you want to project depreciation for assets depreciating under the units of production method, enter production amounts for the periods for which you want to run the projection. See: Entering Production Amounts.
To project depreciation expense:
1. Navigate to the Depreciation Projections window.
2. Enter the Projection Calendar to specify how you want to summarize the projection.
You can summarize the results by year, quarter, month, or any other interval. For example, you can choose a monthly or quarterly calendar.
3. Enter the Number of Periods for which you want to project depreciation. You can project depreciation expense for any number of future periods, on up to four depreciation books at once.
4. Enter the Starting Period for your projection.
5. Check Cost Center Detail to print a separate depreciation projection amount for each cost center. Otherwise, Oracle Assets prints a consolidated projection report for each expense account without cost center detail.
6. Check Asset Detail to print a separate depreciation amount for each asset. Otherwise, Oracle Assets prints a consolidated projection report without asset detail.
7. Enter the Book(s) that you want to include in your projection. You can enter a maximum of four books, and all of them must use the same Account structure. The fiscal year name for the Calendar and each Book must be the same.
Oracle Assets submits a concurrent process to calculate the projection, and automatically runs the Depreciation Projection Report.
See Also
Depreciation Projections (Depreciation Calculation)
Depreciation Projection Report
