Adjust Asset Books (tffam8225m000)

Use this session to specify a range of asset books to adjust. For each book, LN first determines whether an adjustment is possible. Only assets that have been capitalized can be adjusted. Each adjustment is recorded as a transaction.

You record adjustments by book to change those values on assets that can vary from book to book. You record a mass adjustment by book to change a large number of assets in one or more of their related books.

In order to obtain the asset books for which you want to adjust the values together, you enter values in the criteria fields, or leave them empty to perform the transaction on all assets in LN. You can adjust one or more multiple assets with related books or one or more multiple books with related assets.

After you selected the criteria for the asset books you want to adjust, you enter the new values and choose the books to which LN must apply your changes. Based on the values you adjust, LN must restate depreciation.

Note: The adjustment date you enter cannot be prior to the assets' in-service date. Also, if you select a First Period depreciation method, the adjustment date always takes effect on the in-service date.

Field Information

Asset Number

The From and To fields define a range of: asset numbers .

Asset Extension

The From and To fields define a range of: asset extensions.

You specify the range of asset for which you want to perform a mass adjustment by book.

Category

The From and To fields define a range of: categories.

Subcategory

The From and To fields define a range of: subcategories.

Group

You specify the range of asset group codes associated with the group of assets on which you want to perform a mass adjustment.

ITC Method

You specify the range of investment tax credit (ITC methods) associated with the assets on which you want to perform a mass transaction.

Automobile

You select certain criteria to perform the transaction. If you choose Selected, the transaction will be performed on those assets with this check box selected in the Assets (tffam1500m000) session. If you choose Not Selected, the transaction will occur on only those assets that do not have this check box selected in the Assets (tffam1500m000) session. If you choose N/A, the transaction will occur based on other criteria.

Listed

You select certain criteria to perform the transaction. If you choose Selected, the transaction will be performed on those assets with this check box selected in the Assets (tffam1500m000) session. If you choose Not Selected, the transaction will occur on only those assets that do not have this check box selected in the Assets (tffam1500m000) session. If you choose N/A, the transaction will occur based on other criteria.

New

You select certain criteria to perform the transaction. If you choose Selected, the transaction will be performed on those assets with this check box selected in the Assets (tffam1500m000) session. If you choose Not Selected, the transaction will occur on only those assets that do not have this check box selected in the Assets (tffam1500m000) session. If you choose N/A, the transaction will occur based on other criteria.

Depreciation Code

depreciation method

You specify the range of depreciation methods associated with the assets on which you want to perform the mass adjustment.

Property Type

property class

You specify the range of property type code associated with the assets on which you want to perform the mass adjustment.

Vintage/Group Account

You specify the range of vintage/group account associated with the assets on which you want to perform the mass adjustment.

In Service Date

The From and To fields define a range of: in-service dates.

Current Quantity

You specify the range of current quantities shared by the group of assets on which you want to perform the mass adjustment.

Location

You specify the location account associated with the assets on which you want to perform a mass adjustment. You might have up to eight location segments set up which define the physical location of an asset.

Reason

Enter a reason code of the adjustment reason type for the new adjustment transactions.

Reason codes are maintained in the Reasons (tffam6550m000) session.

The reason code of an adjustment transaction can be looked up in the Adjustment - Details (tffam8520s000) subsession of the Asset Book Transaction Inquiry (tffam8501m000) session.

Description

The description or name of the code.

Effective From

If Effective Date is selected, the adjustment will occur as of the effective date of the asset; otherwise, it will occur as of the in-service date.

Suppress Journal Entries

If this check box is selected, journal entries are not created in the General Ledger module for this transaction.

Print Error Report

If this check box is selected, an error report is printed.

Transaction Currency

The currency of the transaction which can be different from the home currencies.

Home Currency

home currency

From the Tools menu, choose Rotate Currency to switch home currencies.

Rate

rate

Rate Factor

rate factor

Property Type

Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same.

Property Type Code

If you selected Replace in the previous field, you must select a new property type.

Description

The description or name of the code.

Depreciation Code

Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same.

Depreciation Code

Replace the existing depreciation code with the new one you specify. If this field is blank, nothing will occur.

Description

The description or name of the code.

Depreciation Frequency

Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same.

Frequency

Replace the existing frequency with the new one you specify. If you leave this field blank, nothing will occur.

Description

The description or name of the code.

Deprec Below Salvage

Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same.

Deprec Below Salvage

If you select Yes, the asset will depreciate below salvage value. If you select No, the asset will not depreciate below salvage value.

Allow Depreciation Posting

Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same.

Allow Depr. Posting

If you select Yes, depreciation posting is allowed. If you select No, depreciation posting is not permitted.

Asset Life (Years/Periods)

Select the operator appropriate for the change you want to make.

  • To increase the value of the capitalized interest amount, select the plus sign ( +).
  • To decrease a value, select the minus sign ( -).
  • To multiply a value by another value, select the asterisk ( *).
  • To divide, select the forward slash ( /).
  • To replace, select Replace.
  • To make no changes to the value, select No Change.
Note: If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing.
+
Replace
-
*
/
No Change
Full Depreciation
Asset Life (YY/MM)

The value used to obtain the new asset life in years.

Asset Life (YY/MM)

The value used to obtain the new asset life in months.

Asset Life (Units)

Select the operator appropriate for the change you want to make.

  • To increase the value of the capitalized interest amount, select the plus sign ( +).
  • To decrease a value, select the minus sign ( -).
  • To multiply a value by another value, select the asterisk ( *).
  • To divide, select the forward slash ( /).
  • To replace, select Replace.
  • To make no changes to the value, select No Change.
Note: If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing.
+
Replace
-
*
/
No Change
Full Depreciation
Asset Life (Units)

The value used to obtain the new asset life in units.

Current Cost

Select the operator appropriate for the change you want to make.

  • To increase the value of the capitalized interest amount, select the plus sign ( +).
  • To decrease a value, select the minus sign ( -).
  • To multiply a value by another value, select the asterisk ( *).
  • To divide, select the forward slash ( /).
  • To replace, select Replace.
  • To make no changes to the value, select No Change.
Note: If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing.
+
Replace
-
*
/
No Change
Full Depreciation
Current Cost

The value used to obtain the new current cost. The amount is converted into the home currency using the transaction currency, rate factor, and rate information.

Accumulated Depreciation

Select the operator appropriate for the change you want to make.

  • To increase the value of the capitalized interest amount, select the plus sign ( +).
  • To decrease a value, select the minus sign ( -).
  • To multiply a value by another value, select the asterisk ( *).
  • To divide, select the forward slash ( /).
  • To replace, select Replace.
  • To make no changes to the value, select No Change
  • To change the accumulated depreciation, select Full Depreciation, so that the asset book status is fully depreciated.
Note: If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing.
+
Replace
-
*
/
No Change
Full Depreciation
Accum.Deprec.

The value used to obtain the new accumulated depreciation amount. The amount is converted into the home currency using the transaction currency, rate factor, and rate information.

Include Adjustment Date

If this check box is selected, LN includes the date and time on which the asset value is adjusted based on accumulated depreciation.

Note: This field is enabled only if the Accumulated Depreciation is set to a value other than No Change.
Salvage Value

Select the operator appropriate for the change you want to make.

  • To increase the value of the capitalized interest amount, select the plus sign ( +).
  • To decrease a value, select the minus sign ( -).
  • To multiply a value by another value, select the asterisk ( *).
  • To divide, select the forward slash ( /).
  • To replace, select Replace.
  • To make no changes to the value, select No Change.
Note: If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing.
+
Replace
-
*
/
No Change
Full Depreciation
Salvage Value

The value used to obtain the new salvage value amount. The amount is converted into the home currency using the transaction currency, rate factor, and rate information.

Section 179 Value

Select the operator appropriate for the change you want to make.

  • To increase the value of the capitalized interest amount, select the plus sign ( +).
  • To decrease a value, select the minus sign ( -).
  • To multiply a value by another value, select the asterisk ( *).
  • To divide, select the forward slash ( /).
  • To replace, select Replace.
  • To make no changes to the value, select No Change.
Note: If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing.
+
Replace
-
*
/
No Change
Full Depreciation
Sec. 179 Value

Used to obtain the new section 179 value. The amount is converted into the home currency using the transaction currency, rate factor, and rate information.

Capitalized Interest

Select the operator appropriate for the change you want to make.

  • To increase the value of the capitalized interest amount, select the plus sign ( +).
  • To decrease a value, select the minus sign ( -).
  • To multiply a value by another value, select the asterisk ( *).
  • To divide, select the forward slash ( /).
  • To replace, select Replace.
  • To make no changes to the value, select No Change.
Note: If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing.
+
Replace
-
*
/
No Change
Full Depreciation
Capitalized Interest

The value used to obtain the new capitalized interest amount. The amount is converted into the home currency using the transaction currency, rate factor, and rate information.

Current ITC Amount

Select the operator appropriate for the change you want to make.

  • To increase the value of the capitalized interest amount, select the plus sign ( +).
  • To decrease a value, select the minus sign ( -).
  • To multiply a value by another value, select the asterisk ( *).
  • To divide, select the forward slash ( /).
  • To replace, select Replace.
  • To make no changes to the value, select No Change.
Note: If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing.
+
Replace
-
*
/
No Change
Full Depreciation
Current ITC Amount

The value used to obtain the new current investment tax credit (ITC)) amount. The amount is converted into the home currency using the transaction currency, rate factor, and rate information.

Revaluation Index

Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same.

Revaluation Index

Replace the existing revaluation index with the new one you specify. If this field is blank, nothing will occur.

Description

The description or name of the code.

Shift Factor

Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same.

Shift Factor

Replace the existing shift factor with the new one you specify. If this field is blank, nothing will occur.

Shift Factor

The description or name of the code.

Additional Posting

Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same.

Additional Posting

Adjusts the field in the Asset Books (tffam1510m000) session according to what you specify. If you leave the field blank, no change in the Asset Books (tffam1510m000) session occurs.

Add. Posting Amount

Select the operator appropriate for the change you want to make.

  • To increase the value of the capitalized interest amount, select the plus sign ( +).
  • To decrease a value, select the minus sign ( -).
  • To multiply a value by another value, select the asterisk ( *).
  • To divide, select the forward slash ( /).
  • To replace, select Replace.
  • To make no changes to the value, select No Change.
Note: If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing.
+
Replace
-
*
/
No Change
Full Depreciation
Add. Posting Amount

You input the new value for the additional posting amount.

Depreciation Code

Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same.

Depreciation Code

Indicates the new depreciation method code.

Economic Recapture

Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same.

Economic Recapture

Adjusts the field in the Asset Books (tffam1510m000) session according to what you specify.

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