Running the Enhanced Depreciation Elements at Year End
Ensure that normal depreciation has been run for the last period
of the year.
Select the assets which require a reduction depreciation using Asset
Reduction Depreciation Selection (FDR).
Run the Asset Reduction Depreciation Calculation (FAR) process. You
can initially run it with the Post
Transactions option set to No,
to verify the calculation report before posting the definitive reduction depreciation
journal.
Run the Asset Advanced Depreciation Selection (FDA), using a process
mode of Reset to select the assets for inclusion in the advanced depreciation
calculation, according to their Apply
From and Term of
Years settings in Asset Records (FAS).
Run the Asset Advanced Depreciation Selection (FDA), using a
process mode of Exclusion to select the assets that you want to exclude from the
current year's advanced depreciation calculation, which would otherwise be included
under normal circumstances.
Run the Asset Advanced Depreciation Calculation (FAA) process. You
can initially run it with the Post
Transactions option set to No,
to verify the calculation report before posting the definitive advanced depreciation
journal.