Fields

Asset

Select the asset to change.

Apply from period

Select the period the change will apply from. This is limited to the available periods.

Books grid

The grid shows a line for each Active book.

Book Code

The book for the line.

New Code

The new Depreciation code for the book. Defaults to the existing Code.

New Rate

The new Depreciation Rate for the book. Defaults to the existing Rate.

New Life

The new Useful Life for the book. Defaults to the existing Life.

New Residual

The new Residual value for the book. Defaults to the existing Residual value if any.

Old Code, Old Rate, Old Life, Old Residual

The Depreciation code, Depreciation rate, Useful life and any Residual value for this Book prior to the change.

Apply (F9)

Changes to Depreciation code, Depreciation rate and Residual Value are updated to:

• Asset Balances for the Apply from period and following periods, and
• Asset Values

Transactions are replayed from the Apply From period forward to reflect the changed Depreciation code, rate and Residual value.

If there is no existing depreciation transaction for a period in the range, a Generated Depreciation transaction will be created.

Note: Changing depreciation To/From Not Applicable for depreciation has no effect on Depreciable value. Depreciable value can be adjusted manually with an Adjustment transaction if desired.