Calendar Periods

DETAIL_CALENDAR1

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

Define the begin and end date and number of accounting periods in the 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 Schedules

LEASE_SCH_ID

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

Add or modify payment schedules. When adding leased assets to your system, you must have at least one payment schedule defined.

FERC Code

FERC_CD_DEFN

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

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

Joint Venture Allocation

JV_BUS_ALLOC

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

Define the percentage of asset ownership to allocate 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, Maintenance Types

Define maintenance types.

Units of Production

UOP_DEFN

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

Set up units of production definitions.

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.

Agencies

AGENCY_DEFN

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

Create agency codes. Keep track of the registration and licenses of an asset by using the information that is set up in Agency tables.

Area Definition

AM_AREA_TBL

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

Define an asset area within a location.

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. Oracle 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.

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.

Hazardous Codes

ASSET_FSC_DEFN

Set Up Financials/Supply Chain, Product Related, Asset Management, Physical Definitions, Hazardous Codes, 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 predominant and significant hazardous materials. You may add other classifications.

Location Definition

AM_LOCATION_TBL

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

Set up locations.

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, and the 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.

Insurance Types

INSURANCE_TYPE

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

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

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.

Work Order Options for Components

AM_WOM_OPT_SUBTYPE

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

Define Work Management work order options.

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 that are relevant to meter type definition.

Standard Warranties

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 definitions.

Criticality Codes

AM_CRIT_LEVEL

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

Establish levels of criticality.

Years of VAT Recoverability

Enter the number of years of VAT recoverability adjustment for the asset class. The number of years can be different from the useful life of the asset and is dictated by VAT legislation. For example, the number of years for recoverability for buildings is 20 and for all other asset classes is 5 years.

Prorate Lease Expense

Select to prorate the accounting entries that are generated for lease payments by the depreciation close process on a monthly basis in accordance with Generally Accepted Accounting Principles (GAAP). The payment schedule segregates the interest and principal for proper classification of accounting entries.

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 affect 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 to enable retirement processing for components from work orders.

TRF Out Components for Reuse

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

Transfer In Components

Select to enable component transfers in from work orders.

Asset Attribute Groups Info

Select 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 (ASSET_CUSTODIAN) page 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. Values are:

Active: The meter is actively measuring.

Inactive: The meter is not actively measuring but is 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 with PeopleSoft software. You must define units of measure if the measurement is not common and not delivered with PeopleSoft software.

See Entering Units of Measure.

Lower Limit and Upper Limit

(Required) Enter the lowest and highest value that the meter can read. 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 available only 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 PeopleSoft 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. This is required when Maintain Daily Average is selected.

Increasing or Decreasing

Select Increasing if the meter should increment along the useful life of the asset by the units of measure selected. Select Decreasing if the meter should decrement along the useful life of the asset 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 this option is 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 might initiate maintenance or replacement as needed.

See Setting Up and Generating Preventive Maintenance Work Orders.

Manufacturer's Warranty

Select 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 to be returned.

Days for Replacement

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

RMA Required

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

Loaner Provided

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

On-Site Repair

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

Warranty Transferable

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

Warranty Life

Select the meters that can 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 to use 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 Profile 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 Asset Profile - 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 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 that will be used by the profile and inherited from the parent asset for Express Add, Basic Add, and batch-created assets. The inheritance based on the selected items happens upon defaulting the profile in Express Add and capitalizing the asset in Basic Add, and when you are using Default Profile processing in the Transaction Loader if the Business Unit option is selected.

Profile Changes In 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 update a profile by changing some of its attributes.

Asset Description

Enter a description for this asset profile.

Asset Class

Select the asset class with which an asset profile will be associated by default. The available options are defined when you establish asset class codes.

Asset Type

Select the asset type. Oracle 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 appear from the drop-down list box.

Acquisition Code

Select the acquisition code from the drop-down list box. 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. 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 to use to calculate replacement or valuation cost.

Use As Tool

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

Threshold ID

Select the Threshold ID to be used as the default value for assets within a given profile when using the optional Capitalization Threshold feature. Capitalization thresholds are defined on the Capitalization Thresholds page and selected at the asset profile level.

When the Capitalization Threshold feature is enabled, PeopleSoft Asset Management:

• Automatically catalogues the capitalization status for batch and online asset additions.

• Provides processes to deal with adjustments to the original cost.

• Balances out any potential clearing account with other feeder systems.

• Reassesses the capitalization status of the asset when subsequent transactions occur.

• Provides reports and audit trails to facilitate control of these transactions.

  When adding an asset, the system uses the capitalization definition for the applicable Threshold ID to determine the appropriate capitalization action to take. Upon saving, the system compares the asset cost with the cost established for each bracket, as well as the basis option to decide the appropriate action to take. Alternatively, you can select to have the capitalization analysis performed by unit cost rather than total cost.

Note. This field appears only when the Capitalization Threshold feature has been enabled from the Asset Management Installation Options page.

See Setting Up Capitalization Thresholds.

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 on which the asset was first used exclusively for R&D. If you leave this field blank, the in-service date from the tax book of the business unit 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 when 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

Enter the date that 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.

Depr Status

Enter the 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.

Retire Option

Select the retirement calculation option to be processed for assets within a given profile. These retirement options are available at the profile, book and asset levels.

See Retiring an Asset.

Method

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

Note. If you specify 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 by Limit %

DB Pct (declining balance percent) and Limit Pct

Declining Balance

Percent, Low Limit, Monthly

Declining Balance w/SL

DB Pct

Depreciation Schedule

Schedule

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 − Lease Depreciation

No additional fields appear.

Japan − Intangible/Strt Line

DB Pct, Percent, Low Limit, Depr Pass Life

Japan − Tangible / Declining Bal

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

Japan - Changes DB to SL Rev

DB Pct, Percent, Low Limit, Depr Pass Life

Available for assets acquired on or after April 1, 2007.

Japan - Tangible / Strt Line Rev

DB Pct, Percent, Low Limit, Depr Pass Life

Used for assets acquired on or after April 1, 2007.

Manual Depreciation

No additional fields appear.

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

Straight Line

Useful Life

Straight Line Percent

(IND) Percent

Sum of the Years

NA

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 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 that you want 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. This is 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 if you want to continue to depreciate this asset past its useful life end date. This option is used for governmental regulations for certain countries 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 a change occurs 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 USD 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 the number of periods. This is used to perform the depreciation calculations for the financial books.

End Date (end depreciation date)

Enter an end date that you want 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 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. Oracle 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 Depreciation Method Information 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 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 total cost of the asset). If you use a salvage percentage, the system recalculates the salvage value when 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 that 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 to specify that 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 PeopleSoft General Ledger system.

Expense

Select to specify that 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 to specify that 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 PeopleSoft General Ledger system.

Special

Depreciation × Rate

Accelerated

Depreciation × Rate

Initial

Cost × Rate

Increase

Depreciation × 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 with an asset block. To associate the tax class rate with 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 selected if the company is a corporation 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 to record whether the asset is listed property. Listed property is a certain kind of asset that is 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. Based on the business use percentage that you enter, the basis calculated for depreciation is:

(Basis) = (Cost*Bus_Use_%)

(USA) Depreciation Bonus

Select to indicate the specific depreciation bonus definition if the asset qualifies for depreciation bonus treatment. You can also create your own depreciation bonus definitions for selection in this field using the Depreciation Bonus Info page.

See PeopleSoft Enterprise Asset Lifecycle Management Fundamentals 9.1, Setting Up Depreciation Processing, Setting Up Depreciation Bonus Information

PeopleSoft delivers the following values:

• American Recovery: Select if the qualifying asset is placed in service on or after January 1, 2009 and on or before December 31, 2009 (before 2010 for certain transportation property and certain property with a long production period).

• Gulf Opportunity Zone: Select for certain types of assets that are located within the hurricane zone as defined in the Senate Amendment to H. R. 4440 and the acquisition date and in-service date are on or after August 28, 2005 and on or before December 31, 2007 (December 31, 2008 for nonresidential real property or residential rental property).

• New York Liberty Zone: Select if the acquisition date and in-service date are on or after September 11, 2001 and on or before December 31, 2007.

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

• Section Federal (50%): Select if the acquisition date and in-service date are after May 5, 2003 and on or 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. Define the parameters of the bonus depreciation as according to applicable local or state law using the Depreciation Bonus Info page.

• Small Business Jobs: Select if the qualifying asset is placed in service on or after January 1, 2010 and on or before December 31, 2010 (before 2011 for certain transportation property and certain property with a long production period).

• Stimulus Act: Select if the qualifying asset is placed in service on or after January 1, 2008 and on or before December 31, 2008 (before 2010 for certain transportation property and property with a long production period).

(USA) Bonus Percent

Supply the amount (percentage) to be applied if the asset qualifies for a depreciation bonus based on the acquisition date and in-service date.

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 to use to establish 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 and 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, 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. The default sort order is ChartField, (CF).

ChartField 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 CF Template link in the Report Print Options group box from certain Asset Details and Cost and Depreciation Reports.

Update or add new ChartField report formats.

Report Fields Format Template

RPT_FMT_TMPL2_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 RF Template link in the Report Print Options group box from certain Asset Details and Cost and Depreciation Reports.

Update or add new report field formats.

Detail View

Select the corresponding check box for each field that you want available for drilldown. 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, deselect the check box on this page.

Field Drilldown Group Id

Select the group ID to associate with this user ID. If you do not select a group ID, all fields are available for drilldown. 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 that is 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.

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.

Override Label

Select the report fields for which you want to change the field label.

Label Override

Enter the field label to be used for each field that you selected to override.