Set up depreciation expense account allocation codes on the Manage Depreciation Expense Acct Allocation Codes screen if you plan to enter data for depreciable assets.

You can allocate depreciation expense from a single asset record to multiple depreciation expense account combinations, based on percentages.

Each code defines the Account-Organization-Project-Reference1-Reference2 combination(s) and allocation percentage(s) to which depreciation expense will be posted for depreciable assets. Once you have established your "catalog" of depreciation expense account allocation codes, you can "assign" them to depreciable assets on a record-by-record basis, as desired.

The Depr Expense Acct Alloc Code field in the Depreciation Expense Account group box (or the Depr Exp Acct Alloc Code field, as applicable) is a system-required validated entry on the Acct Info tab of the Manage Asset Master Information and Manage Asset Template Information screens (or the Depr Expense Acct Alloc Code field on the Manage Asset Account Information screen) for depreciable assets. The only data from which to choose for entry in the Asset Master Depr Expense Acct Alloc Code and the Asset Template Depr Exp Acct Alloc Code fields are validated depreciation expense account allocation codes from the Manage Depreciation Expense Acct Allocation Codes screen.