Oracle Apps 11i : Asset Management - Depreciation Page - 2

g) Run-Depreciation

Run depreciation to process all assets in a book for a period. Each asset book must have depreciation run individually.

Figure 4. Navigate to Run Depreciation.

Figure 5. Running Depreciation.

h) Closing a Depreciation Period

When you run depreciation, Oracle Assets gives you an option of closing the current period if you check the Close Period check box on the Run Depreciation window. If all of your assets depreciate successfully, Oracle Assets automatically closes the period and opens the next period for the book.

If you do not check the Close Period check box when you run the depreciation, Oracle Assets does not close the period.

Once depreciation has been processed for an asset in the current open period, you cannot perform any transactions on those assets unless depreciation is rolled back or the current period is closed.

Note that you have entered all transactions for the period before you run depreciation. Once the period is closed, you cannot reopen it.

Figure 6. Running Depreciation. Close Period.

i) Programs

Generate Accounts Builds accounting combinations using Oracle Workflow.

Figure 7. Running the Generate Accounts report.

Calculate Gains and Losses : Calculates gains and losses resulting from retirements.

Figure 8. Running the Calculate Gains and Losses report.