Calendar Periods

DETAIL_CALENDAR1

Set Up Financials/Supply Chain, Common Definitions, Calendars/Schedules, Detail Calendar, Calendar Periods

Define begin/end date and number of accounting periods in fiscal year calendar.

Note. You must define calendars so that accounting entries are generated properly.

Currency Code

CURRENCY_CD_TABLE

Set Up Financials/Supply Chain, Common Definitions, Calendars/Schedules, Currency, Currency Code

Define currency common code definitions.

Units of Measure

UNITS_OF_MEASURE

Set Up Financials/Supply Chain, Common Definitions, Units of Measure

Establish general units of measure for the system.

Asset Class

ASSET_CLASS_DEFN

Set Up Financials/Supply Chain, Product Related, Asset Management, Financials, Asset Classes

Maintain asset classes. Asset classes are set up at the tableset level.

VAT Defaults Setup (value-added tax defaults setup)

VAT_DEFAULTS_DTL

Click the VAT Default link on the Asset Class definition page.

Specify VAT defaults setup.

Payment Schedule

LEASE_SCH_ID

Set Up Financials/Supply Chain, Product Related, Asset Management, Payment Schedules

Add or modify payment schedules. If you will be adding leased assets to your system, you must have at least one payment schedule defined. PeopleSoft Asset Management delivers a payment schedule that is set up in the SHARE tableset. This schedules a payment on the first of each month from January 1960 through December 2025.

Agency Information

AGENCY_DEFN

Set Up Financials/Supply Chain, Product Related, Asset Management, Profiles, Agencies

Create agency codes. Keep track of an asset’s registration and licenses by using the information set up in Agency tables. Only agency IDs set up here can be entered on the Asset License/Registration page.

Joint Venture Allocation

JV_BUS_ALLOC

Set Up Financials/Supply Chain, Product Related, Asset Management, Financials, Joint Venture Allocation

Define the percentage of asset ownership allocated to each joint venture participant. Use this page to set up the Joint Venture Allocation table.

Maintenance Types

MAINT_TYPE_DEFN

Set Up Financials/Supply Chain, Product Related, Asset Management, Service and Repair, Maintenance Types

Define maintenance types.

Detail

MAINT_CONTRACT_01

Asset Management, Service and Maintenance, Maintenance Contract Terms, Detail

Define the detail terms for maintenance contracts by entering the effective, expiration, and contract dates, contract cost and vendor information.

Coverage

MAINT_CONTRACT_02

Asset Management, Service and Maintenance, Maintenance Contract Terms, Coverage

Define the maintenance contract coverage including contact information.

Location Definition

AM_LOCATION_TBL

Set Up Financials/Supply Chain, Product Related, Asset Management, Location Definition

Set up locations.

Insurance Type

INSURANCE_TYPE

Set Up Financials/Supply Chain, Product Related, Asset Management, Service and Repair, Insurance Type

Enter different types of insurance, such as liability for automobiles or property.

Hazardous Materials Codes

ASSET_FSC_DEFN

Set Up Financials/Supply Chain, Product Related, Asset Management, Financials, Hazardous Codes

Define hazardous-asset codes. The PeopleSoft system is delivered with the Federal Supply Class (FSC) codes, which are U.S. federal codes that identify predominantly and significant hazardous materials. You may add other classifications.

Units of Production

UOP_DEFN

Set Up Financials/Supply Chain, Product Related, Asset Management, Depreciation, Units of Production

Set up units of production definitions.

Transaction Information

UOP_DEFN_WRK

Set Up Financials/Supply Chain, Product Related, Asset Management, Depreciation, Units of Production, Transaction Information

Generate open transactions. Each time new detail is added to this table, you can generate open transactions for each asset associated with it.

Load UOP and Index Tables

RUN_AMIF2000

Asset Management, Send/Receive Information, Load Interface, Receive UOP and Index Tables

Load units of production and index tables.

Asset Type Options

AM_TYPE_OPT

Set Up Financials/Supply Chain, Product Related, Asset Management, Physical Definitions, Asset Type Options, Asset Type Options

Define physical asset types to be applied to individual assets. PeopleSoft delivers ten asset types:Hardware, Software, Equipment, Property, Fleet, Machinery, Furniture, Facility, Intangible, Other.

Define Asset Subtype

AM_SUBTYPE

Set Up Financials/Supply Chain, Product Related, Asset Management, Physical Definitions, Asset Subtype, Define Asset Subtype

Define asset subtypes as they relate to asset types. For example, if the asset type is Hardware, an asset subtype may be defined for a Laptop.

Work Order Options for Components

AM_WOM_OPT_SUBTYPE

Click the Work Order Options for Components link from the Define Asset Subtype page.

Define Work Management work order options.

Define Asset Attribute

AM_UD_ATTR

Set Up Financials/Supply Chain, Product Related, Asset Management, Physical Definitions, Define Asset Attribute, Define Asset Attribute

Define any asset physical attribute to be associated with an asset.

Define Property Subclass

AM_PROP_SUBCLASS

Set Up Financials/Supply Chain, Product Related, Asset Management, Physical Definitions, Asset Property Subclass, Define Property Subclass

Define property asset subclasses as they relate to asset property classes: Site, Building, Floor, Area, Space.

Meter Type Definition

AM_METER_TYPE1

Set Up Financials/Supply Chain, Product Related, Asset Management, Service and Repair, Meter Types, Meter Type Definition

Define meter types.

Meter Type Comments

AM_METER_TYPE2

Set Up Financials/Supply Chain, Product Related, Asset Management, Service and Repair, Meter Types, Meter Type Comments

Add comments relevant to meter type definition.

Standard Warranty

AM_STD_WRTY

Set Up Financials/Supply Chain, Product Related, Asset Management, Service and Repair, Standard Warranties

Define standard warranties.

Warranty Templates

AM_WRTY_TMPL

Set Up Financials/Supply Chain, Product Related, Asset Management, Service and Repair, Warranty Templates

Set up templates for warranty types to apply to asset types.

Equipment Parts List

AM_PART_LIST_TMPL

Set Up Financials/Supply Chain, Product Related, Asset Management, Service and Repair, Equipment Parts List

Define equipment parts lists to be associated with asset classes, groups, categories, types and subtypes or other asset definition.

Area Definition

AM_AREA_TBL

Set Up Financials/Supply Chain, Product Related, Asset Management, Area Definition

Define an asset area within a location.

Criticality

AM_CRIT_LEVEL

Set Up Financials/Supply Chain, Product Related, Asset Management, Service and Repair, Criticality Code

Establish levels of criticality.

Ferc Cd Defn

FERC_CD_DEFN

Set Up Financials/Supply Chain, Product Related, Asset Management, FERC Code

Establish FERC (Federal Energy Regulatory Commission) codes for asset categories used in regulatory reporting.

End Of Month Due Date

Select to always schedule the payment on the last day of the month, no matter what date is entered in the Begin Date field.

Populate

Click to enable PeopleSoft Asset Management to automatically enter the payment dates for the time period that you defined. Be sure to enter the number of payments per year, to ensure that PeopleSoft Asset Management can determine the number of lease payments for the lease schedule.

Transaction Date

Reflects the date on which you made the changes.

Accounting Date

Reflects the date on which the entered changes will impact your general ledger.

SETID

5

INDEX_NAME

20

EFFDT

8 (MM/DD/YY)

DESCR

30

INDEX_DETAIL_NAME

35

INDEX_AMOUNT

15

SETID

5

UOP_ID

10

DESCR

30

UOP_IN_SERVICE_DT

8 (MM/DD/YY)

UOP_MAX_UNITS

12

UNIT_OF_MEASURE

3

UOP_POSTING_DT

8 (MM/DD/YY)

UOP_UNITS

12

Retire Assets Components

Select this check box to enable retirement processing for components from work orders.

TRF Out Components for Reuse

Select this check box to enable component transfers out for reuse from work orders.

Transfer In Components

Select this check box to enable component transfers in from work orders.

Attribute Groups

Select this check box to enable attribute group transfers in from work orders.

Asset Acquisition Info

Select to include information derived from the Asset Acquisition Detail (ASSET_ACQ_DETAIL) page and links (ASSET_ACQ_DET_AP, ASSET_ACQ_DET_VAT).

Asset Attributes Info

Select to include information derived from the Asset Location/Comments/Attributes (ASSET_IMAGE) page.

Asset License/Register Info

Select to include information derived from the Asset Custodian/License/Manufacturer page (ASSET_CUSTODIAN) and links (ASSET_LIC_ADDR_SEC).

Asset Lease Info

Select to include information derived from the Leased Assets component pages (ASSET_LEASE_01, ASSET_LEASE_02, ASSSET_LEASE_05, ASSSET_LEASE_03).

Asset Non-Capitalized Cost

Select to include information derived from the Asset Acquisition Detail (ASSET_ACQ_DETAIL) page and links (ASSET_ACQ_DET_AP, ASSET_ACQ_DET_VAT).

Asset Maintenance Info

Select to include information derived from the Track Service and Repairs component and Meter Reading component pages (ASSET_MAINT_01, ASSET_MAINT_01_S, AM_METER_READ).

Asset Comments

Select to include information derived from the Asset Location/Comments/Attributes (ASSET_IMAGE) page.

Asset Warranty Info

Select to include information derived from the Asset Custodian/License/Manufacturer page (ASSET_CUSTODIAN) and links (ASSET_WARRANTY).

Asset Insurance Info

Select to include information derived from the Asset Custodian/License/Manufacturer page (ASSET_CUSTODIAN) and links (ASSET_INSURANCE).

Asset Inspection Info

Select to include information derived from the Asset Custodian/License/Manufacturer page (ASSET_CUSTODIAN) and links (ASSET_INSPECTION).

Status

Set the meter status:

Active: The meter is actively measuring.

Inactive: The meter is not actively measuring but available.

Description

(Required) Enter a meter description.

UOM (units of measure)

(Required) Enter the units by which the meter will measure, such as miles, kilometers, gallons, liters, square feet, and so on.

Note. Many units of measure are provided by PeopleSoft. You must define units of measure if the measurement is not common and delivered for PeopleSoft.

See Entering Units of Measure.

Lower Limit and Upper Limit

(Required) Enter the lowest and highest value readable by the meter. The lower limit is never greater or equal to the upper limit. The upper limit is never less than or equal to the lower limit.

Required for Work Order

Select to require this meter type in a work order before the status of the work order can be set to complete. This option is only available when PeopleSoft Maintenance Management is installed.

Maintain Daily Average

Select to maintain a daily average. The average is informational only for preventive maintenance schedules in Maintenance Management. The option is not selected by default.

No. of Readings (number of readings)

Enter the number of readings to calculate the daily average. Required when Maintain Daily Average is selected.

Increasing or Decreasing

Select Increasing if the meter should increment along the asset's useful life by the units of measure selected. Select Decreasing if the meter should decrement along the asset's useful life by the unit of measure selected. The Increasing option is selected by default.

Allow Rollover

Select if the meter should reset to zero after reaching its defined maximum. It is selected by default.

Tolerance Range

Select to establish a tolerance range for a maintenance event. When selected the tolerance range fields become active.

Lower Tolerance and Upper Tolerance

Enter the tolerance range. For example, a piece of construction hydraulic equipment may use a pressure meter. If the meter falls below the lower tolerance or above the upper tolerance, you may initiate maintenance or replacement as needed.

See Setting Up and Generating Preventive Maintenance Work Orders.

Manufacturer's Warranty

Check if the warranty is the original manufacturer's warranty.

Coverage

Enter a description of the warranty.

Days for Refund

Enter the number of days during which the asset is eligible for refund.

Days to Return

Enter the number of days during which the asset is eligible for replacement.

Days for Replacement

Enter the number of days during which the asset is eligible to be returned.

RMA Required

Check this box if an RMA (Return Material Authorization) is to be accompanied with the asset before it can be returned under warranty.

Loaner Provided

Check if the asset will be replaced with a similar loaned asset while under repair.

On-Site Repair

Check if the asset is eligible for repair at your place of business.

Warranty Transferable

Check if this warranty transfers when ownership of the asset transfers.

Warranty Life

Select the meters that may be associated with the asset to measure warranty life. For example, a vehicle usually has a warranted life based on miles which are measured by the vehicle odometer.

Entitlement

Enter a summary of what the warranty specifically entitles the owner to receive.

Asset Profile

PROFILE_DEFN

Set Up Financials/Supply Chain, Product Related, Asset Management, Profiles, Asset Profiles

Define Asset Profiles.

Asset Profile - Depreciation

PROFILE_BK_01

Set Up Financials/Supply Chain, Product Related, Asset Management, Profiles, Asset Profiles, Depreciation

Identify the criteria used in depreciation calculations.

Depreciation Method Information

PROFILE_DEPR_DETL

Select the Special Depr check box and click Special Terms on the Depreciation page of the Asset Profiles component.

Set special depreciation terms for an asset profile and select an accounting method for these special terms. These are commonly used to meet depreciation requirements for specific countries.

Inflation Information

PROFILE_SEC

Set Up Financials/Supply Chain, Product Related, Asset Management, Profiles, Asset Profiles, Depreciation, Inflation Information

Establish an inflation adjustment factor by selecting the market index and rate to apply.

Salvage Rounding Options

SALVAGE_OPTION_SEC

Click Salvage Rounding Options on the Depreciation page.

Enter options for rounding depreciation amounts for this book. This is for use in Japan.

Asset Profile - Tax

PROFILE_BK_03

Set Up Financials/Supply Chain, Product Related, Asset Management, Profiles, Asset Profiles, Tax

Specify property type and tax depreciation criteria and to identify which tax credits will be used by the profile.

Asset Profile - Child Asset Inheritance

PROFILE_PAR_BK_ECD

Set Up Financials/Supply Chain, Product Related, Asset Management, Profiles, Asset Profiles, Child Asset Inheritance

Specify child asset attributes which will be used by the profile, and inherited from the parent asset during Express Add, Basic Add, and batch-created assets. The inheritance based on the selected items happens upon Defaulting the Profile in Express Add, Capitalizing the asset in Basic Add, and when using Default Profile processing in Transaction Loader if the Business Unit option is turned on.

Profile Changes En Mass

RUN_AMPRFCHG

Set Up Financials/Supply Chain, Product Related, Asset Management, Financials, Profile Changes In Mass

Copy an asset profile from one set ID to another, or to update a profile by changing some of its attributes.

Asset Description

Enter a description for this asset profile.

Asset Class

Select the asset class to which this asset profile will default. The available options are defined when you establish asset class codes.

Asset Type

Select the asset type. PeopleSoft delivers these asset types: Hardware, Software, Equipment, Property, Fleet, Machinery, Furniture, Facility, Intangible, Other.

Asset Subtype

Select the asset subtype. Valid values for the selected asset type display from the drop down list.

Acquisition Code

Select the acquisition code from the drop-down list. Available options are:

• Construct

• Donated

• Leased

• Like Exch (like exchange)

• Purchased

• Trade In

• Transfer

Taggable Asset

Select to indicate that an asset is taggable. Most physical assets can be tagged with a tag number to help keep track of them. Some assets, however, such as buildings or leasehold improvements, cannot be tagged. If an asset is taggable, it probably already has a tag number associated with it, which is recorded when the asset is added. Sometimes, however, an asset may be taggable, but not yet tagged. The Taggable Asset check box can be used to flag this type of asset.

Note. In order to use the Physical Inventory functionality in PeopleSoft Asset Management, your assets must be tagged.

Capitalized Asset

Select to indicate whether this profile will be used for assets with cost and depreciation associated with them. Most assets in the PeopleSoft Asset Management system will be capitalized assets. If you are setting up a profile for noncapitalized assets , (assets with no cost or depreciation criteria), deselect Capitalized Asset. Typically these assets are expensed, not actually owned, or fully depreciated, but you still want to track them.

Index Name

Select the index by which replacement or valuation cost will be calculated. When you run the Calculate Replacement Cost (AMRCCALC) process, it multiplies the asset cost by the amount in the index selected here.

SubIndex Name

Select the subindex category for the index used to calculate replacement or valuation cost.

Use As Tool

Select this option if the asset is sued as a tool in connection with the maintenance or repair of another asset.

R and D Plant Asset (research and development plant asset)

Select if this asset is being used for Research and Development and is entitled to R&D tax concessions.

R and D Start Date (research and development start date)

Enter the date the asset was first used exclusively for R&D. If you leave this field blank, the in service date from the business unit’s tax book will be used as the start date. The start date determines in what year the R&D concessions can first be claimed.

Use NBV for R and D (use net book value for research and development)

Select if you want to base the R&D concessions calculation on the net book value of the asset (at the R&D start date) instead of the book cost. This is useful where an asset previously being depreciated as a non-R&D asset subsequently becomes eligible for R&D concessions.

Book Name

Enter a book name that defines the rules for the assets entered with this profile. Books are defined during system setup and associated with business units. Only valid books can be assigned.

Effective Date

The date entered in Effective Date field indicates when the convention and depreciation method take effect. If you want a history of changes made to a profile, be sure to add new rows to the table and use effective dating to update profiles, rather than making changes to the initial row.

Depreciate When in Service

Select to allocate annual depreciation as of the date that you placed the asset in service. If you do not select this option, PeopleSoft Asset Management allocates annual distribution as of the date determined by the depreciation convention. This option is valid only in the year that the asset was acquired.

Category

Defines the category of an asset, such as Furniture & Fixtures or Machinery & Equipment. The available category codes are those you entered on the Category Code table. In general, these will correspond to the General Ledger asset accounts. Asset Category is used in accounting entry generation.

Depreciation Status

Enter depreciation status.

Currency Code

Select a currency code.

Adjust Conv (Adjust Convention)

Select an adjustment convention

Convention

Select a depreciation convention.

Retire Conv

Select a retirement convention.

Method

Select a depreciation method. Some depreciation methods require you to enter additional information.

Note. If you are specifying the depreciation method as Flat Rate or a Declining Balance method or Manual depreciation for tax books, you should enter the recovery life.

Declining Balance w/SL% /Limit

DB Pct (Declining Balance Percent), Limit Pct.

Declining Balance w/SL%

DB Pct,

Depreciation Schedule

Schedule.

Declining Balance

Percent, Low Limit, Monthly.

Flat Rate %

Percent, Low Limit, Avg Option (Averaging Option).

France Derogatory Balance

DB Pct, Percent, Low Limit, Depr Pass Life (Depreciate Past Life).

Germany Staffel Method

DB Pct, Percent, Low Limit, Depr Pass Life.

Japan − Intangible/Strt Line

DB Pct, Percent, Low Limit, Depr Pass Life.

Japan − Tangible / Declining Balance

DB Pct, Percent, Low Limit, Depr Pass Life.

Japan − Tangible/Strt Line

DB Pct, Percent, Low Limit, Depr Pass Life.

Japan −Changes DB to SL

DB Pct, Percent, Low Limit, Depr Pass Life.

Japanese − Lease Depreciation

No additional fields appear.

Manual Depreciation

No additional fields appear.

The Manual Depreciation method enables you to adjust depreciation amounts generated using some other method. To use manual depreciation you must therefore first create depreciation entries using another method. Once this has been done, you can make your adjustments.

Straight Line

Useful Life.

Straight Line Percent

(IND) Percent.

Sum of the Years

N/A

Units of Production

UOP ID (Units of Production ID).

User Defined Method

Method ID, DB Pct, Percent, Low Limit, Depr Pass Life.

Limit Pct (limit percent)

Enter to specify a limit for depreciation as a percentage of cost.

UOP ID (units of production ID)

Enter the units of production ID, production information, and transaction information you’d like to use for this asset.

DB Pct (declining balance percent)

Enter the percentage of declining balance depreciation to be taken each year until the amount calculated by the straight line method is greater.

Percent

Enter the percentage of original basis to be taken in depreciation each year. Required for Straight Line Percent.

Low Limit

Enter an amount. When the asset basis reaches this limit, the remaining basis will be taken in depreciation and the asset will be fully reserved.

Depr Pass Life (depreciate past life)

Select this if you want to continue to depreciate this asset past its useful life end date. This option is used for certain countries' governmental regulations or for utilities industries that may want to continue to depreciate an asset to the end of a depreciation calendar.

Method ID

Select the user-defined method that you want to use.

Schedule

Enter a schedule to use for depreciation.

Avg Option (average option)

Generally used by utility companies to depreciate composite assets. The averaging options are expressly designed to work with the flat rate depreciation method. Select an averaging option if you want to use it:

Monthly: Monthly averaging takes an average monthly asset balance and multiplies it by the annual depreciation rate. The result is then applied against a period allocation (1/12, 2/12, 3/12, and so on) to derive a year-to-date (YTD) depreciation amount. The difference between the newly calculated YTD depreciation and the previous YTD depreciation is the amount booked to the current period.

Yearly: Yearly averaging is similar to monthly averaging except that a yearly average balance is used. Because this amount is not known until the end of the year, it is usually estimated and adjusted periodically as the actual figures become known.

Calculation Type

Select the calculation type.

• Use Remaining Value to deduct any accumulated depreciation from the cost basis and expense the remaining value over the remaining life of the asset. Most assets will be depreciated using this option.

• Use Life-to-Date to calculate the difference between the depreciation allowed and the depreciation taken. Typically, you would use life-to-date calculations when there is a change in accounting principle, such as depreciation method. Changes of this type require an adjustment for the differences in accumulated depreciation to date.

For example, if you took $20,000 depreciation over a two year period but the amount allowed was $24,000, the difference of $4,000 would be expensed as an adjustment to accumulated depreciation in the current period.

Low Value

Select to identify assets with costs below a certain level for special depreciation processing. This is a requirement for some countries.

Useful Life

Enter in number of periods. This is used to perform the depreciation calculations for the financial books.

End Date (end depreciation date)

Enter if you would like depreciation to cease at a particular time. At the end depreciation date the remaining asset basis will be taken in depreciation and the asset will be fully reserved.

Future Depr Yrs (future depreciation years)

PeopleSoft Asset Management calculates and stores depreciation until the end of the asset’s life. However, for optimal processing performance and greater table efficiency, you can specify a fixed number of years for which depreciation is calculated and stored.

Note. PeopleSoft strongly recommends using the Future Depreciation Years option if you are using Group Assets.

Special Dpr (special depreciation)

Select if you are working in a global environment and want to use special depreciation terms to meet specific country requirements. Click Special Terms to open the Profiles Depreciation Details page where you can select special terms for depreciation.

Depr Limit (depreciation limit code)

Select a depreciation limit code that relates to a specific dollar amount limitation on depreciation for each year of life. Although this can be used for financial depreciation, it is commonly used for U.S. tax purposes, because such depreciation limits exist for items such as luxury automobiles.

Cost Basis Limit

Enter the limit on the depreciable basis of this asset. If the actual cost of an asset is greater than its depreciable basis, the difference will result in a gain when the asset is retired.

Impairment Process

Select to make the asset available for impairment processing.

Salvage % of Cost (salvage percentage of cost) and Salvage

Enter the residual value of the asset subtracted from the cost to determine the depreciable basis used in depreciation calculations. You can enter it either as a flat rate or as a salvage percentage (a percentage of the asset’s total cost). If you use a salvage percentage, the system recalculates the salvage value as you add additional costs for the asset.

(DEU) Multi-Shift Code

Enter rates by which depreciation should be increased based on the number of production shifts an asset is used. This is used in Germany.

Group BU

Enter the business unit for the group assets.

Group ID

Select the group ID.

Allowance

Select Allowance and special depreciation amounts are not booked with the standard depreciation amounts. Journal entries are generated that will include only the standard depreciation. PeopleSoft Asset Management does not support automatically generating journal entries for the special depreciation allowance accounting method. You may need to run two reports: Reserve for Special Depreciation and Reversal for Special Depreciation, and then generate the journal entries manually into the General Ledger system.

Expense

Select Expense and total amounts of special depreciation and standard depreciation are booked and journal entries are generated that will include the total of standard and special depreciation amounts.

Reserve

Select Reserve and special depreciation amounts are not booked with the standard depreciation amounts. Journal entries are generated that will include only the standard depreciation. PeopleSoft Asset Management does not support automatically generating journal entries for the special depreciation allowance accounting method. You may need to run two reports: Reserve for Special Depreciation and Reversal for Special Depreciation, and then generate the journal entries manually into the General Ledger system.

Special

Depreciation x Rate

Accelerated

Depreciation x Rate

Initial

Cost x Rate

Increase

Depreciation x Rate

Property Type and Property Code

Determine the amount of gain treated as ordinary income on the disposition of this asset.

Regulation

Identifies the depreciation system elected for this asset:

• Accelerated Cost Recovery System (ACRS).

• Asset Depreciation Range (ADR).

• Conventional/Facts & Circumstance.

• Asset Class Guideline.

• Modified Accelerated Cost Recovery (MACRS).

Recovery Life and Recovery Subtype

For reporting purposes, you can further classify the asset by specifying the recovery life expressed in years and the recovery subtype, for example, 15-Year Low-Income Housing. You can also specify the asset guideline class. All current classifications are set up in the Tax Class table in the delivered tableset.

(IND) Guideline Class

Processing tax and depreciation in India requires the designation of a tax class rate that is associated to an asset block. To associate the tax class rate to a profile, enter the tax class and associated asset block rate here.

Corporation Sec. 291 (corporation section 291)

Select if this company is a corporation. This check box must be turned on if the company is a corporation in order for the AMTX3210 tax report (Tax Retirement Capital Gains) to accurately reflect the correct Sec. 1231/Ordinary gains.

(FRA) Business Tax

Select if assets using this profile are subject to a business tax. This is required in some countries.

Listed Property

Select this check box to record whether the asset is listed property. Listed property are certain kinds of assets that are conducive to mixed business or personal use, such as:

• Passenger automobiles under a certain weight.

• Any other property used for transportation, such as trucks, buses, boats, airplanes, motorcycles, and any other vehicles for transporting persons or goods.

• Any property of a type generally used for entertainment, recreation, or amusement, such as photographic, phonographic, communication, and video recording equipment.

• Any computer and related peripheral equipment, unless it is used only at a regular business establishment and owned or leased by the person operating the establishment.

• Any cellular telephone (or similar telecommunications equipment) place in service or leased in a tax year beginning after 1989.

Listed Property Type

Select the property type that corresponds to the Listed Property check box.

Business Use % (business use percentage)

Enter the percentage amount of the business use of this listed property asset in Business Use %. Based on the business use percentage that you enter, the basis calculated for depreciation is:

(Basis) = (Cost*Bus_Use_%)

(USA) Depreciation Bonus

Used to indicate if the asset qualifies for the U.S. 30 percent to 50 percent depreciation bonus in the first year. The options you see depend on the acquisition date and in service date of the asset as well as state or local application of the depreciation allowance.

The options are:

• Gulf Opportunity Zone: Select if the asset is located within the zone as defined in the Senate Amendment to H. R. 4440 and the acquisition date and in service date is on or after August 28, 2005 and on or before December 31, 2007 (December 31, 2008 for non-residential real property or residential rental property).

• New York Liberty Zone: Select if the acquisition date and in service date is after September 10, 2001 and before December 31, 2007.

• None: Select if the acquisition date and in service date of the asset is before September 10, 2001 or if the other options do not apply.

• Section 101- Federal: Select if the acquisition date and in service date is after September 10, 2001 and before December 31, 2004 to apply the 30 percent bonus.

  Select if the acquisition date and in service date is after May 5, 2003 and before December 31, 2005 to apply the 50 percent bonus.

• Section 101- Local: Select if local or state allowance of the bonus depreciation should be applied.

(USA) Bonus Percent

If the asset qualifies for the depreciation bonus based on acquisition date and in service date, select the amount (percentage) to be applied.

Note. The U.S. depreciation bonus applies to assets acquired and placed into service by December 31, 2007. After this time the depreciation bonus cannot be used.

A (accelerated):

Accelerated Cost Recovery System (ACRS)

D (depreciation):

Asset Depreciation Range

F (facts):

Conventional Facts and Circumstances

G (guidelines):

Guideline

M (modified):

Modified Accelerated Cost Recovery (MACR)

R (rehabilitation):

Rehabilitation Credit

E (energy):

Energy Credit

I (investment):

Regular Investment Credit

U (user):

User-defined

B (basis):

Basis Reduction

P (percentage):

Percentage Rate Reduction

N (no):

No Reduction

Asset Owner

AM_OWNER_DEFN

Set Up Financials/Supply Chain, Product Related, Asset Management, Financials, Define Asset Owners

Define role-based asset owners and assign assets to the owner based on ChartField and other attributes.

Asset Owner User

AM_OWNER_DEFN2

Set Up Financials/Supply Chain, Product Related, Asset Management, Financials, Define Asset Owners, Asset Owner User

Assign operators to owners.

Setup Asset Owner User

AM_OWNER_OPR_DEFN

Set Up Financials/Supply Chain, Product Related, Asset Management, Financials, Assign Owners to Operators

Define role-based owner users.

Asset Selection Attributes

Using the drop-down search keys, select the field name used to establish assign ownership.

For example, the manager may be responsible for all assets in Department 11000 through, Department 12000, Location Sydney, and Category Computer Items. Select Department and define the range of field values, select Location and define the location field value of Sydney, and select Category and define the category field value of Computers.

Setup Asset Owner User

Assign User ID to Asset Owner, set up Retire Approval Required and Show Cost options for each user ID.

On-Demand Processing Options

RTM_OPTIONS

Set Up Financials/Supply Chain, Common Definitions, On-Demand Processing, On-Demand Process Options

Define the process groups that certain users can run on demand

Reporting Drilldown Fields

RPT_DRILL_FLD_G

Set Up Financials/Supply Chain, Product Related, Asset Management, Reporting Setup, Reporting Drilldown Fields

Define the drill- down group ID and select drill down fields.

User Preferences - Asset Management

OPR_DEF_TABLE_AM1

Set Up Financials/Supply Chain, Common Definitions, User Preferences, Define User Preferences, Asset Management

Select a drill-down group to associate with this user ID.

Report Suffix

REPORT_SUFFIX

Set Up Financials/Supply Chain, Product Related, Asset Management, Reporting Setup, Report Suffix

(Required) Denotes the Report By value for the report, appended to the report ID to uniquely identify it. Default sort order is ChartField, (CF).

Report Format Template

RPT_FMT_TMPL_SBP

Access the run control page for the report to be formatted with user-defined parameters and expand the Report Print Options group box.

Click the Update/Add Template link in Report Print Options group box.

Update or add new report formats.

Detail View

Select the corresponding check box for each field that you want available for drill down. Clear any fields to be excluded. For example, if your organization does not track anything by class, a column for the field will appear on your report but no values will appear. To remove the column from a report, clearing the check box on this page.

Field Drilldown Group Id

Select the group ID to associate with this user ID. If not set up, all above fields will be available for drill down. The drill-down field list could be very long. To create a drill-down list that is more specific, you can drill down by Project ID and Department ID only, thereby reducing the list using this setup.

Field Order

Define the order of the fields to print across the page of your report. For example, Department, Project, Product, Asset Category, and so on.

Display Length

Field length defaults automatically appear. Shorten the field lengths as needed.

Label Override

Enter the field label to be used for each field included or use the default definitions.

Include in Report

All fields are selected to be included in the report by default. Deselect any fields that you do not want to include.

Print subtotals

The system prints subtotals for all fields by default. Deselect fields for which you do not want subtotal breaks. If a ChartField is not included in the report, corresponding subtotals will not be printed.