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 Asset Lifecycle Management Fundamentals: Understanding Asset Management Business and Cash Generating Units.

See Asset Lifecycle Management Fundamentals: Setting Up Asset Profiles.

See Asset Lifecycle Management Fundamentals: Understanding Depreciation Processing.

See Adding and Maintaining Asset Information.