Recalculating depreciation
Use this procedure to view the updated
depreciation values. You can also recalculate depreciation for a selected asset book
from the in-service date up to the current period.
- Select Depreciation Recalculation.
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In the Selections Options section, specify this information:
- Release
- Select this check box to release the recalculated depreciation amounts.
- Book
- Specify the name of the book.
- From Service Date
- Select the beginning in-service date.
- To In Service Date
- Select the ending in-service date.
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In the Additional Options section, specify this information:
- Simulated
- Select whether the depreciation is simulated.
- Fully Depreciated
- Select Yes to include fully depreciated assets in the report, No to exclude them, or Only to report only on fully depreciated assets.
- Method
- Select the depreciation method.
- Life
- Specify in months the asset life.
- Asset
- Select the asset. If you leave this field blank, then all assets are reported.
- Tag
- Select the tag number.
- Asset Group
- Select the asset group.
- Page Break
- Select whether there is a page break before each new listing.
- Division
- Select the division. If this field is blank, then all divisions are selected.
- Type
- Specify the asset type and the subtype. If this field is blank, then all types and subtypes are selected.
- Category
- Select a category. If this field is blank, then All is the default.
- Property
- Select a property type. Examples are Land, Personal, Real.
- Report Sequence
- Select the sort order for the report.
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In the Release Options section, specify this information:
- Year to Date Depreciation
- Select Yes to recalculate year-to-date depreciation.
- Life to Date Depreciation
- Select Yes to recalculate life-to-date depreciation.
- Depreciation Start Date
- Select Yes to recalculate depreciation start date for the asset.
- Remaining Life
- Select Yes to recalculate remaining life for the asset.
- Table Year
- Select Yes to recalculate depreciation for table year.
- In the Report Distribution section, select a distribution list and export type for Depreciation Recalculation Report.
- Click Submit.