Depreciation Category (Oracle Assets)

Depreciation Category

The table below lists the profile options related to depreciation.

Depreciation Category

Profile Option	Default	User Access	System Administration: Site	System Administration: Application	System Administration: Responsibility	System Administration: User
FA: Annual Rounding	Always	View Only	Update	No Access	No Access	No Access
FA: Deprn Single	No	View Only	No Access	No Access	No Access	No Access
FA: Enable Depreciation Override	No default	View Only	Update	Update	No Access	No Access
FA: Japan 2007 Tax Reforms Features	No	No	No	Update	No Access	No Access
FA: Use Threshold	No default	Update	No Access	Update	Update	Update

FA: Annual Rounding

Controls whether or not annual rounding is performed for assets.

With Restrictions: End of the year adjustments are performed for assets that have no adjustments, revaluations, retirements, transfers, or additions with accumulated depreciation in the current fiscal year. This is the default.
Always: Annual rounding is performed at the end of the year, even if the assets have been added with accumulated depreciation, adjusted, revalued, reinstated, or transferred in the current fiscal year.
(No Value): Equivalent to With Restrictions

FA: Deprn Single

This profile option controls the caching buffer used when you run depreciation. You can set the buffer to either No (20) or Yes (1). The default is No.

If you set FA: Deprn Single to No, the cache is reset after every 20 assets. If you set FA: Deprn Single to Yes, the cache is reset after every asset.

Yes: Cache is reset after every asset
No: Cache is reset after every 20 assets
(No Value): Equivalent to No

This profile option should always be set to No, unless assets failed previously when running depreciation. In this case, you should set it to Yes temporarily, and rerun depreciation for any set of 20 assets that failed depreciation. When the profile option is set to Yes, the log file provides information on each asset so that you can determine which asset failed. When these assets have depreciated successfully, you should reset the profile option to No. Running depreciation with the profile option set to Yes can slow performance considerably.

FA: Enable Depreciation Override

This profile option controls whether you can override the depreciation amounts calculated by Oracle Assets.

Yes: Enable Depreciation Override
No: Disable Depreciation Override
(No Value): Equivalent to No

This profile option is visible to the System Administrator and updatable at the site and application levels. It is visible to, but not updatable by the responsibility and user levels.

FA: Japan 2007 Tax Reforms Features

To have access to Japan FY 2007 Tax reforms features, set this profile option to Yes.

The following features are available when you set this profile Yes:

New rates are added to the existing JP-STL depreciation method records
Guarantee Rate Evaluation Method check box for Formula based depreciation methods
Dual Rate Evaluation depreciable basis rule
JP-250DB depreciation method records

FA: Use Threshold

Allows you to decide whether to depreciate assets using a depreciation threshold. This profile option accommodates specific Japanese business rules. In general, your system should depreciate using the depreciation threshold. The default is Yes.