Configuring books for back-dated activities

To configure an asset valuation book to calculate depreciation for back-dated activities, specify the number of prior periods to consider in the Prior Periods to Check for Activity field.

See Adding an asset valuation book.

A value of 0 in the Prior Periods to Check for Activity field retains the default system behavior and never generates depreciations for back-dated activities. A value greater than 0 indicates the number of prior periods for which depreciations might be created. The count starts with the most recently depreciated period and goes back through time.

For example, if you specify 3 in the Prior Periods to Check for Activity field, then the three periods preceding the current one are eligible for depreciation.