Depreciating asset valuation groups

  1. In Lookup Asset Valuation Groups, look up the asset valuation groups that you want to depreciate.
  2. Select one or more groups in the Asset Valuation Groups grid.
  3. Click Action and select Run Depreciation.
    Infor Public Sector opens the Add Asset Depreciation form.
  4. Under Asset Valuation Books, select the asset valuation books you want to use for the depreciation.
    Only the valuations that are associated with the selected books will be depreciated.
  5. Select when to process the depreciation under Processing Options.

    You can select one of these options:

    • Calculate Now: Infor Public Sector will perform the depreciation calculation when you click Save.
    • Calculate in Batch Process: Select this option to schedule the depreciation calculation for a later date. After selecting this option, specify the date for the calculation in the Scheduled Date field. Infor Public Sector will add the scheduled depreciation calculation to the Batch Manager.
  6. Specify the end date for the depreciation period in the Calculate Through Date field.
  7. Specify the date that the depreciation will go into effect in the Effective Date field.
    Note:  To change the deprecation rate for valuation records using Reduced Balance depreciations, specify the new percentage amount for the depreciation rate in the Depreciation Rate field.
  8. Click Save.
    If you scheduled Calculate in Batch Process, Infor Public Sector shows a message saying that the depreciation has been scheduled for the selected groups.

    If you selected Calculate Now, Infor Public Sector shows the results of the calculation on the Batch Manager Status page.