To define the depreciation methods for Germany, this chapter contains these topics:
Defining this depreciation method includes the following tasks:
Adding a user defined code
Setting up depreciation formulas
Setting up the depreciation method
On General User Defined Codes for Depreciation Method (12/DM), create code GB for German Buildings.
Figure 3-1 General User Defined Codes screen (GB)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Code | GB |
Description | German Buildings |
Special Handling Code | 1 |
Hard Coded | N |
On Depreciation Formula Revision, define the following formula:
Figure 3-2 Depreciation Formula Revision screen
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Formula ID | DE1 |
Description | German Building #1 |
Column Heading 1/2 | Item Bal % |
Formula | ((10 * 11) * (06 / 49)) |
On Depreciation Rule Revisions, set up the depreciation method.
Setting up the depreciation method includes the following tasks:
Setting up reference information and conventions
Attaching the formulas to depreciation method GB
Figure 3-3 Depreciation Rule Revisions screen (Reference)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Depreciation Method | GB |
Rule Description | German Buildings #1 |
Life (Periods) | 360 |
Initial Term Apport | Blank (defaults to 1st day of 1st month) |
Compute Direction | I |
In Service From/Thru | 01/01/2000 |
Effective From/Thru | 01/01/2000 |
Depr Expense Business Unit | 1 |
Life Year Reference | 1 |
Attach the following formulas to the depreciation method:
First Record: Life Years 1 through 5
Second Record: Life Years 6 through 13
Third Record: Life Years 14 through 30
First Record: Life Years 1 through 5
Figure 3-4 Depreciation Rule Revisions screen (Life Years 1 through 5)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Life Yr Frm | 1 |
Life Yr Thr | 5 |
Annual Multiplier | 0.07000000 |
Depreciation | DE1 |
Basis | 502 |
SC (Secondary Percentage Continuation) | 1 |
Second Record: Life Years 6 through 13
Figure 3-5 Depreciation Rule Revisions screen (Life Years 6 through 13)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Life Yr Frm | 6 |
Life Yr Thr | 13 |
Annual Multiplier | 0.03000000 |
Depreciation | DE1 |
Basis | 502 |
SC (Secondary Percentage Continuation) | 1 |
Third Record: Life Years 14 through 30
Figure 3-6 Depreciation Rule Revisions screen (Life Years 14 through 30)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Life Yr Frm | 14 |
Life Yr Thr | 30 |
Annual Multiplier | 0.02500000 |
Depreciation | DE1 |
Basis | 502 |
SC (Secondary Percentage Continuation) | 1 |
Defining this depreciation method includes the following task:
Setting up depreciation formulas
On Depreciation Formula Revision, define the following formulas:
Lower Limit 1000
Upper Limit 2500
Cost Less Salvage
Figure 3-7 Depreciation Formula Revision screen (Lower Limit 1000)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Formula ID | DE2 |
Description | 10 years w/crossover |
Column Heading 1/2 | L.Limit1000 |
Formula | 12 |
Multiplier/Constant | 100000.000000 |
Figure 3-8 Depreciation Formula Revision screen (Upper Limit 2500)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Formula ID | DE3 |
Description | 10 years w/crossover |
Column Heading 1/2 | U.Limit2500 |
Formula | 12 |
Multiplier/Constant | 250000.000000 |
Figure 3-9 Depreciation Formula Revision screen (Cost Less Salvage)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Formula ID | DE4 |
Description | 10 years w/crossover |
Column Heading 1/2 | Cost-Salv |
Formula | 01 - 07 |
Defining this depreciation method includes the following tasks:
Adding a user defined code
Setting up depreciation formulas
Setting up the depreciation method
On General User Defined Codes for Depreciation Method (12/DM), create code GT for German Investment Tax Credit (ITC).
Figure 3-10 General User Defined Codes screen (GT)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Code | GT |
Description | German ITC |
Special Handling Code | 1 |
Hard Coded | N |
On Depreciation Formula Revision, define the following formulas:
ITC Amount A
ITC Amount B
Figure 3-11 Depreciation Formula Revision screen (ITC Amount A)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Formula ID | DE5 |
Description | ITC Amount A |
Formula | 12-10/05*06 |
Figure 3-12 Depreciation Formula Revision screen (ITC Amount B)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Formula ID | DE6 |
Description | ITC Amount B |
Formula | 42 |
On Depreciation Rule Revisions, set up the depreciation method.
Setting up the depreciation method includes the following tasks:
Setting up reference information and conventions
Attaching the formulas to depreciation method GT
Figure 3-13 Depreciation Rule Revisions screen (Reference)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Depreciation Method | GT |
Rule Description | German Investment Tax Credit |
Life (Periods) | 60 |
Initial Term Apport | Blank (defaults to 1st day of 1st month) |
Compute Direction | C |
In Service From/Thru | 01.01.2000 |
Effective From/Thru | 01.01.2000 |
Secondary Acct/% | 6 |
Life Year Reference | 1 |
Allow Negative Depreciation | 1 |
Attach the following formulas to the depreciation method:
First Record: Life Years 1 through 5
Second Record: Life Year 5
First Record: Life Years 1 through 5
Figure 3-14 Depreciation Rule Revisions screen (Life Years 1 through 5)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Life Yr Frm | 1 |
Life Yr Thr | 5 |
Depreciation | 101 |
Basis | 502 |
SC (Secondary Percentage Continuation) | 1 |
Figure 3-15 Depreciation Rule Revisions screen (Life Year 5)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Life Yr Frm | 5 |
Life Yr Thr | 5 |
Depreciation | DE5 |
Basis | DE6 |
SC (Secondary Percentage Continuation) | 2 |
Defining this depreciation method includes the following tasks:
Adding a user defined code
Setting up depreciation formulas
Setting up the depreciation method
On General User Defined Codes for Depreciation Method (12/DM), create code GR for German Replacement Cost.
Figure 3-16 General User Defined Codes screen (GR)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Code | GR |
Description | German Replacement Cost |
Special Handling Code | 1 |
Hard Coded | N |
On Depreciation Formula Revision, define the following formula:
Figure 3-17 Depreciation Formula Revision screen (GR)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Formula ID | DE7 |
Description | Replacement Cost |
Formula | ((01/45)*31) |
On Depreciation Rule Revisions, set up the depreciation method.
Setting up the depreciation method includes the following tasks:
Setting up reference information and conventions
Attaching the formula to depreciation method GR
Figure 3-18 Depreciation Rule Revisions screen (Reference)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Depreciation Method | GR |
Rule Description | German Replacement Cost |
Life (Periods) | 60 |
Initial Term Apport | Blank (defaults to 1st day of 1st month) |
Compute Direction | C |
In Service From/Thru | 01.01.1997 |
Effective From/Thru | 01.01.1997 |
Allow Negative Depreciation | 1 |
Attach the following formula to the depreciation method:
Figure 3-19 Depreciation Rule Revisions screen (Method GR)
Complete the following fields with the values indicated below:
Field | Value |
---|---|
Life Yr Frm | 1 |
Life Yr Thr | 5 |
Depreciation | DE7 |
Basis | 502 |
SC (Secondary Percentage Continuation) | 1 |