Best Practice for Asset/Depreciation forecasting

Organizations perform capital budgeting and depreciation forecasting activities on a monthly/quarterly or yearly basis through future depreciation queries, 'What If' functionality, creating budgetory/forecasting book, etc. What is the PeopleSoft recommended approach to perform depreciation forecasting - is there any delivered functionality specifically designed for projections, budgets and forecasting depreciation, say, at the start of a new year or quarter - estimating the projected depreciation expense by Business Unit / Location?

Regards,

Raggav