Creating a User-Defined Depreciation Method

Once you have designed the depreciation formula, you must enter it into PeopleSoft Asset Management. The User Defined Method component consists of three pages on which you define the custom depreciation formula, see a summary page of the formula that you entered, and add comments about the formula for reference as appropriate.

The User Defined Methods component (UD_METHOD) contains the pages to create and review custom depreciation formulas.

This topic provides and overview of and discusses how to create and view user-defined depreciation methods.

Page Name	Definition Name	Usage
User-Defined Methods – Definition Page	UD_METHOD_DEFN	Create a user-defined depreciation method. Method ID is the five-character identifier for the user-defined depreciation method that you create.
User Defined Methods - Definition (inquiry)	UD_METHOD_INQ	View the custom depreciation formula.
User Defined Methods - Summary	UD_METHOD_SUMMARY	View a visual representation of the complete depreciation formula that you entered.
User Defined Methods - Comment	UD_METHOD_COMMENT	Enter or view additional comments or explanations of this depreciation method.

Use the User-Defined Methods - Definition page (UD_METHOD_DEFN) to create a user-defined depreciation method.

Navigation:

Set Up Financials/Supply Chain > Product Related > Asset Management > Depreciation > AM User Defined Methods

Formula Sequence

The system displays a sequence number. The sequence numbers are incremented by 10s (10, 20, and so on). You can change the sequence number if you like. Add a description of the sequence in the field provided.

For example, you can break the following depreciation formula into steps that you can enter as separate sequences on this page:

Depreciation =(Asset Cost / Asset Life) ×Number of Periods to be Depreciated

You can write the depreciation formula as two steps, or sequences:

Step 1
Result A = Asset Cost / Asset Life
Step 2
Depreciation = Result A × No. of periods to be depreciated

Condition

Field or Control	Description
None	The default.
If	Indicates the beginning of an If statement within an If-Then-Else construct.
Then	Indicates the beginning of the Then statement within an If-Then-Else construct.
Else	Indicates the beginning of the Else statement within an If-Then-Else construct.
And	Indicates that you want to include both variables in the search.
Or	Indicates that you want to include either variable in the search.

You can create and/or statements, if-then-else statements, and multiple if-then-else statements. You cannot use nested if statements.

Operand 1

Field or Control	Description
Constant	Select to indicate a value, and then enter the value.
Variable	Select to indicate a user-defined variable.

Operation

Select the arithmetic operator.

Operand 2

Field or Control	Description
Constant	Select to indicate a value, and then enter the value.
Variable	Select to indicate a user-defined variable.

Result

Field or Control	Description
Result	Specify a name for the result of this operation. The result can be any user-defined variable for which the Assign To Variable check box on the User Defined Variables page is selected.
Validate	Click to ensure that the syntax that you entered is correct. The program performs a validation check and prompts you with an error message to correct any syntax mistakes.
Sort	Click to redisplay the sequence of steps that you entered in ascending sequence order, if you have edited some steps into the formula.

End If

Select End If to indicate that this is the end of an If-Then-Else construct.