Perform Annual Run

This procedure is used at year-end to transfer the current year’s depreciation to accumulated depreciation. At the same time, revised replacement cost and insured value are calculated.

Before you start

All entries for the current year for fixed asset disposition, depreciation, sales, extraordinary depreciation, and capital costs must be entered.

Follow these steps

  1. Start 'Annual Run. Perform' (FAS190/E).

  2. Specify the year to be closed.

    The accounting ledger must be specified if corporate accounting and reporting, and additional features for fixed assets are used.

  3. Specify whether the run should include depreciation.

    If depreciation is included, it means that the value of the current year’s depreciation is transferred to the accumulated depreciation from previous years.

  4. Specify whether the run should include replacement cost.

    If replacement cost is included, it means that a new (revised) replacement cost is calculated.

  5. Specify whether the run should include insured value.

    If insured value is included, it means that means that a new (revised) insured value is calculated.

  6. Press Enter.

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