Prerequisites

Before you begin to depreciate assets, you must set them up with required depreciation attributes.

You must set up the following attributes:

  • Depreciation method.

  • Prorate convention.

  • Depreciable basis.

  • Estimated useful life.

  • Placed-in-service date.

See Understanding Asset Management Business and Cash Generating Units.

See Setting Up Asset Profiles.

See Understanding Depreciation Processing.

See Adding and Maintaining Asset Information.