In the Book Controls window, choose the Calendar tabbed region.
Optionally enter a disable date for the depreciation book.
Note: Once a book has been disabled, you cannot re-enable it.
Choose whether to Allow Purge for the book.
Enter the ledger for which you want to create journal entries. Allow GL Posting if you want to create journal entries for this book. You cannot allow general ledger posting for your budget books.
You can enter a different ledger for your tax book than the ledger of the associated corporate book. The different ledger must be a secondary ledger of the ledger assigned to the corporate book and the following conditions must be satisfied:
Oracle Subledger Accounting should be enabled and Use Primary Ledger Amounts should be set to No in the Accounting options of the secondary ledger setup.
Oracle Assets must be enabled for Oracle Subledger Accounting for the secondary ledger.
Note: When setting up a Tax book that is linked to a Secondary ledger, the chart of accounts and currency must be the same as the Primary ledger which is linked to the Corporate book.
Enter the name of the Depreciation Calendar you want to use for this book.
Enter the name of the Prorate Calendar that you want to use for this book.
Use the prorate calendar with the smallest period size or resolution you need for determining your depreciation rate. For example, you may want to use a monthly prorate calendar in a tax book that uses a quarterly depreciation calendar to allow finer control of the annual depreciation amount for some monthly prorate/method combinations.
Enter the current open period name for this book.
Note: You must set up the depreciation calendar for at least one period before the current period. See: Specifying Dates for Calendar Periods.
Enter the method for dividing the annual depreciation amount over the periods in your fiscal year for this book.
Choose Evenly to divide depreciation evenly to each period
Choose By Days to divide it proportionally based on the number of days in each period
Choose whether to depreciate assets in this book that are retired in their first year of life.
Enter the date on which you last calculated depreciation for this book. Oracle Assets updates this date when you run depreciation.