Change unit depreciation schedule

1. At the Asset Management main menu, select Equipment | Unit Depreciation | Schedules. The Depreciation Schedules display screen appears.
2. Right-click on the unit's schedule and select Change. The Unit Depreciation Schedule change screen appears.
3. Change any field values for unposted records as required.

   Depreciation Amountis the amount that the unit's capital amount will be depreciated on the specified date, to 2 decimal places. Only one of depreciation amount or depreciation rate should be entered.

   Depreciation Rateis the percentage of the unit's capital amount that will be depreciated on the specified date. Only one of depreciation amount or depreciation rate should be entered.

   Pool/Facilityis the pool or facility the unit belongs to for that depreciation period. You can right-click in the field and select Prompt to select the pool or facility from a list.

4. Click Enter to save the changes.
5. To alternate between viewing the pool and the facility of the unit, click Alt View .
6. To copy a depreciation amount to the next depreciation period (transaction date), right-click on the amount and select Copy Down.
7. To add new transactions to the depreciation schedule:
   1. Click Add . The Unit Depreciation Schedule add screen appears.
   2. To add a specific number of lines to the schedule:
      1. Click Multiple Line Add . The Depreciation Multiple Line Add screen appears.
      2. Type in the Number of Months to Add- the number of additional depreciation periods required for the unit.
      3. Click Enter . You return to the Unit Depreciation Schedule add screen, where that number of lines has been added.
   3. Fill in the fields as required for each transaction to be added.

      Transaction Dateis the date the depreciation amount will be applied to the unit.

      Depreciation Amountis the amount by which the unit's capital amount will be depreciated on the specified date, to 2 decimal places. Only one of depreciation amount or depreciation rate should be entered.

      Depreciation Rateis the percentage of the unit's capital amount that will be depreciated on the specified date. Only one of depreciation amount or depreciation rate should be entered.

      Pool/Facilityis the pool or facility the unit belongs to for that depreciation period. You can right-click in the field and select Prompt to select the pool or facility from a list.

   4. Click Enter to save the new transactions.
   5. Click Change to return to the Unit Depreciation Schedule change screen.
8. To view a posted transaction, right-click on the transaction date and select Posting Details. The Depreciation Posting Details display screen appears.
9. To view and/or change the GL accounts for the depreciation schedule:
   1. Click GL Accounts . The Depreciation Schedule GL Accounts display screen appears.
   2. Change any field values for unposted transactions as required.

      Depreciation Expense GLis the general ledger account to be used for depreciation expense for the transaction. You can right-click in the field and select Prompt to select the account from a list.

      Accumulated Depreciation GLis the general ledger account to be used for accumulated depreciation for the transaction. You can right-click in the field and select Prompt to select the account from a list.

   3. Click Enter to save the changes.
   4. Click Exit to return to the Unit Depreciation Schedule change screen.

Back to Unit Depreciation