Overriding annual depreciation

During the last period of the year, you can override the calculated annual depreciation. This option is applied by asset book and company on an asset-by-asset basis.

  1. Select Close Processing > Annual Depreciation Override.
  2. To search for an asset record, specify this information:
    Book
    Select the book name to override depreciation.
    Company
    Select a company number.
    Asset Group
    Optionally, specify an asset group that is associated with the asset where you are overriding the depreciation.
    Asset Type
    Optionally, specify an asset type.
    Sub Type
    Optionally, specify an asset subtype.
    Location
    Optionally, specify the location that is assigned to the asset.
    Division
    Optionally, specify the division that is assigned to the asset.
  3. Click Search.
    The asset records are displayed.
  4. Open an asset record to override the fields from Asset Book.