Depreciation Calculation and Listing (AM180)
Run Depreciation Calculation and Listing (AM180) to compute depreciation for an asset book or asset book group for a company or company group. Only assets that have been released either online or by Processing Release (AM170) are eligible for depreciation calculation. You can run this program as often as you want. To include simulated assets, select Yes or Only in the Simulated Assets field. An optional edit listing without depreciation calculation is also available.
Before you can close a period using Period Close (AM190), you must process all depreciable assets for a book through this program. (Use Compute option A (All Assets).)
Processing Effect
- If you run this program on a regular asset book, AM180 calculates the depreciation for each asset based on the depreciation method defined individually for each asset.
- If you run this program for a Part 32 (asset class) book, AM180 calculates the depreciation for each class of assets, based on the average asset account balance in each of the asset class accounts, and on the depreciation percentage defined for each account.
Note: For asset class depreciation, proper implementation is critical
to avoid over-depreciation. If you use this feature, you must strictly follow
the one-on-one correlation between a type and the set of General Ledger accounts
used by an asset class. For instance, you should not set up class-depreciated
assets that use the same asset account (that is, company, accounting unit,
account) but have different accounts for depreciation expense and accumulated
depreciation. In addition, when multiple class depreciation books are used,
all assets belonging to an asset class (referencing the same asset account)
must use the same class depreciation book.