Log Depreciation Method Change Details

Explanation

This activity is used to record changes in the Books tab of the Object window.

Prerequisites

Before creating depreciation method change information, the following must have been completed:

• The Write Method Change Log check box in the Fixed Assets tab of the Company window is selected.
• Transaction reasons of the Depreciation Method Change Reason type have been created in the Transaction Reasons window.
• Objects with depreciation method information exist. Depreciation method information is in the Depreciation Method field, in the Estimated Life field, in the Exclude from Depreciation field, in the Fixed Assets Salvage Value field, in the Fixed Assets Salvage Value in Parallel Currency field, in the Depreciation Start Date field, in the Business Use % field, in the Deduction field, in the Deduction in Parallel Currency field, in the Bonus field, in the Bonus in Parallel Currency field, in the Tax Credit field, in the Tax Credit in Parallel Currency field,  in the Tax Credit Reduction field, in the Tax Credit Reduction in Parallel Currency field and in the Alternative Estimated Life field in the Books tab of the Object window.

System Effects

As a result of this activity, information on changes in depreciation method details is created and can be analyzed in the Depreciation Method Change Details window and in the Depreciation Method Change Details report.

The reason code which was used for the latest changes is presented in the Reason Code field in the Books tab of the Object window.

Window

Object/Books
Depreciation Method Change Reason

Related Window Descriptions

Object/Books
Depreciation Method Change Reason
 

Procedure

Use the following procedure to create depreciation method change information:

1. Open the Object window and query for the object you want to modify.
2. Click the Books tab.
3. Modify depreciation method information for one or several books, e.g. select another depreciation method in the Depreciation Method field, or change the estimated life in the Estimated Life field.
4. Save your changes The Depreciation Method Change Reason dialog box automatically opens.
5. Select a reason code of the Depreciation Method Change Reason type in the Reason Code field.
6. Click OK to close the dialog box and to create depreciation method change information.