Super Groups

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Transaction Description

The Super Group window is used to override depreciation rules, including methods, rates, and limits on a group asset. The functionality of the super group is provided to assist the telecommunications industry with regulations where assets are grouped together. You can assign a super group to a single group asset within a book. Depreciation expense is calculated using the method and rules specified in the supper group definition. The group asset depreciation expense formula is:

Group depreciation expense = Group Cost * Super Group Annual Rate / Periods Per Year

Super Groups

List of Fields

• Name
• Enabled
• Description
• Book
• Periods From
• Method
• Basic Rate
• Adjusted Rate
• Depreciation Limit

Comments

Links

• Related: OracleAssets, AssetSetUp, FA12AssetsAssetWorkbench, FA12SetupDepreciationMethods

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Collaborating Authors and Reviewers: -- DianeMcHugh, JimCrum