Mass Restate Depreciation
You mass restate depreciation when you want to recalculate depreciation that occurred in a prior period for a large number of assets at one time. You remove capitalization from an asset when you have capitalized an asset that should not have been placed into service. You can remove capitalization from only those assets that have not yet begun to depreciate.
You must specify the period and year range for which you want to restate depreciation. If you keep the default value (1/0000) in the From period and year, depreciation is restated from the in-service date. LN recalculates the depreciation for each asset in its ADR book for the period you specify.
LN reverses any depreciation that was calculated starting from the From period you specified. Depreciation is then (re)calculated up to the specified To period. The new depreciation transactions are posted in the period range you specified, replacing the old transactions that were reversed.