Default Subcomponent Rules
Specify a default subcomponent rule at the asset category level to default the life of a subcomponent asset based on the category and the life of the parent asset.
To properly default the subcomponent life, add the parent asset before the subcomponent.
Apply Default Subcomponent Rules
To apply default rules to subcomponent assets choose one of the following options:
Rule |
Description |
---|---|
Same End Date (Specifying a Minimum Life) |
The subcomponent asset becomes fully depreciated on the same day as the parent asset, unless the parent asset life is shorter than the minimum life you specify. The subcomponent asset's life is determined based on the following:
If the remaining life of the parent asset and the category default life are both less than the minimum life you enter, Oracle Assets uses the minimum life for the subcomponent asset. Otherwise, it uses the lesser of the parent asset's remaining life and the category default life. |
Same End Date (Without Specifying a Minimum Life) |
The default subcomponent asset life is based on the end of the parent asset life and the category default life. If the parent asset is fully reserved, Assets defaults the subcomponent asset life to one month. The subcomponent asset becomes fully depreciated on the sooner of the following:
|
Same Life |
The subcomponent asset:
Note:
You must set up the depreciation method for the subcomponent asset life before you can use the method for that life. If the depreciation method isn't already set up for the subcomponent life rule default, Assets uses the asset category default life. |
None |
There is no connection between the life of the subcomponent asset and the parent asset life. Assets defaults the subcomponent asset life from the asset category. |