Calculating Yearly Depreciation

PeopleSoft Asset Management calculates yearly depreciation using two asset attributes:

• Begin Depr Date

• Depreciation Method

Other information that is used in this calculation includes the following information:

• Adj Trans Date

• Remaining Life

• Remaining Value

Calculations differ depending on which calculation type is used: Remaining Value or Life to Date. The following examples show how this calculation is performed for each method. The base information is the same in both cases.