Update Budget with Depreciation Transaction

Before You Start

• A budget or forecast is entered in ‘Budget. Open’ (BUS100).
• A fixed asset must be defined in ‘Fixed Asset. Open’ (FAS001).
• Accounting rules for accounting event FA80 (Budget) must be defined in ‘Accounting Rule. Set’ (CRS395).

Follow These Steps

1. Start ‘FA Depreciation. Transfer to Budget’ (FAS170/B).

2. Select option New for a depreciation type for the fixed asset.

3. Select one of the following alternatives:

   • Create a proposal
   • Update the system immediately
   • Accept or reject a proposal

Create a Proposal

1. On the E panel, specify the year, budget number and budget version.

2. Specify whether depreciation should be applied to balance accounts in the ‘Balance transaction code’ field and whether transactions should be created for profit/loss accounts in the ‘Transactions for P/L account’ field.

3. Do not activate the Update field. If necessary, specify a report text. Press Enter.

Update the System Immediately

1. On the panel, specify the year, budget number and budget version.

2. Specify whether depreciation should be applied to balance accounts in the ‘Balance transaction code’ field and whether transactions should be created for profit/loss accounts in the ‘Transactions for P/L account’ field.

3. Activate the ‘Update’ field. If necessary, specify a report text. Press Enter.

Update or Reject Proposal

1. On the E panel, press Enter.

   The message ‘Proposal already exist’ is displayed.

2. Accept the proposal and update the system, by activating the ‘Proposal action’ field. Delete the proposal by not activating the ‘Proposal action’ field. Press Enter.