to select, the beginning asset/item number for the range option. If you select All or From Beginning in the Option field, these fields will be inactive.Use this toolkit to clear values from the Current Pd Depreciation field(s) in the Asset Master records for the selected book(s)and to re-set the values to zero.
This toolkit will be most useful before initialization, when you may have calculated depreciation for test purposes but are not yet ready to go forward in "live" mode.
If you are not ready to post the calculated depreciation, you can use this toolkit to avoid tedious manual intervention in each asset record by automatically clearing the depreciation so the G/L period can be closed.
If you run this toolkit inadvertently, you can re-calculate depreciation in Costpoint Fixed Assets. If you have not changed any data in the Asset Master records that are used in the depreciation computations, the system will re-populate the Current Pd Depreciation field with the same values that were computed before you ran this toolkit, assuming that the Current Pd Depreciation field only contains values calculated by the system.
This is a basic toolkit, by which data can be changed in your Asset Master records.
You can run this toolkit at any time. Because this toolkit will be most useful before you use Costpoint Fixed Assets in a live database, you should run this toolkit for a specific purpose.
Use the following fields to select the asset/item number(s) for which to set the current period depreciation amount to zero.
If you enter an asset number, you must also enter a corresponding item number.
Select a range option from the drop-down list. The available options are:
All
One
Range
From Beginning
To End
Enter, or click to select, the beginning asset/item number for the range option. If you select All or From Beginning in the Option field, these fields will be inactive.
Enter, or click to select, the ending asset/item number for the range option. If you select All, One, or To End in the Option field, these fields will be inactive.
The fields in this group box are non-editable. The system automatically displays the current fiscal year, period, and subperiod from the Configure Posting Settings screen.
Use the fields in this group box to select the books from which you wish to clear current period depreciation amounts and to choose whether to include assets for which the Auto Calc Flag is N.
Use this group box to select each book for which you wish to clear current period depreciation amounts.
Select this check box to clear current period depreciation amounts and set the values to zero for Book 1, the General Ledger book.
Select this check box to clear current period depreciation amounts and set the values to zero for this book.
If you have not established this book on the Configure Fixed Assets Settings screen, this check box and its label will be grayed out.
Please refer to the documentation for Book 2 (or your label).
This check box is clear by default. If this check box is clear, the system will NOT clear current period depreciation amounts for any book in which the Auto Calculate (Depreciation) check box has not been selected.
The primary reason for leaving this check box clear as default is to enable the system to bypass Asset Master records in which the Auto Calculate (Depreciation) check box (in the G/L Book Info tab and Other Books Info subtask of the Manage Asset Master Information screen) is clear. In this circumstance, you can manually enter the desired current period depreciation amount to be used each period, which will NOT be overwritten by system depreciation calculations. The system automatically skips records in which the Auto Calculate flag is "N" during depreciation computations.
Click the Execute button to initiate the Update process. The system displays a message once the process is complete.