Statutory Book
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The statutory Book option pertains to French Derogatory Depreciation.
(FRA) Derogatory Depreciation
Select this check box to process derogatory depreciation with the derogatory account entry template ID. If this box is selected, you must use the appropriate account entry template ID associated with derogatory depreciation. You must also select the statutory book to which this book will be compared. This can be designated on the AM Business Unit Definition page as the federal book.
See (FRA) Using PeopleSoft Asset Management Options to Meet French Requirements.
(FRA) Statutory Book
Select the statutory book to which derogatory depreciation transactions stored in the book you are defining will be compared. When Derogatory Depreciation has been selected, you must also define statutory book.
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