Split FA Object
Explanation
This activity is used to split a fixed asset.
Prerequisites
Before you split an object, the following must have been completed.
- A fixed assets object of which the object status
is Investment or Active must exist in the system.
- If the status of the object to be split is
Investment, accounting information must have been entered for the
object.
- If the status of the object to be split is
Active, the object must have been depreciated up to and including the
split date. (Note: This is not required when the object type of the
object to be split is Not Depreciable.)
System Effects
As a result of this activity;
- A new object will be
created in the system and the acquisition value of the new object will
be deducted from the acquisition value of the object that was split,
- The newly created object will have the same calculation index as the
object that was split. The calculation index of the new object can be
modified or removed altogether.
- Acquisition value
adjustments per book will be transferred from the original to the new
object if a value has been entered.
- The accumulated depreciation of the new object
will be deducted from the accumulated depreciation of the object that
was split.
- A voucher is created and transferred to the
hold table in IFS/Accounting Rules.
- Vouchers are created and
transferred to the hold table(s) of the internal ledger(s) if the voucher types for
the
internal ledger(s) are connected to FA books and, adjustments/depreciations for such books are split.
Window
Object
Related Window Descriptions
Object
Procedure
Use the following procedure to split a fixed asset:
- Open the Object window and query for
the object that you want to split.
- Right-click in the background of the window and click
Split Object to open the Split Object dialog box.
- Select the Percent option if you want to
specify the value of the new object as a percentage of the
total general acquisition value
applicable to all books of
the object being split. Then enter the
percentage value of the new object in the
Acquisition Value
field and the
Acquisition Value in @EU
field. (Note:
The
Acquisition Value in @EU
field is editable only if the
company uses Parallel Currency functionality.)
- Select the Amount option if you want to
specify the value of the new object as an amount. Then enter the amount in
the
Acquisition Value field and the
Acquisition Value in @EU field.
(Note:
The
Acquisition Value in @EU
field is editable only if the
company uses Parallel Currency functionality.)
- Change the values entered by default in the fields
Split Date, Voucher Date, User Group and Voucher Type
if necessary.
-
Enter an ID for the new object in the New Object field. (Note:
The object ID will be automatically generated if an object series ID is connected to
the object group. An automatically generated object ID can be modified if
required.)
- Enter a description for the new object.
- Click Calculate to calculate the acquisition value,
the acquisition value adjustments
per book
and the accumulated depreciation for
the new object. You can also enter the values manually.
- Change the values which were calculated and entered in
the
Acquisition Information,
Acquisition Adjustment Information
and the Depreciation Information
fields if necessary.
- Click OK to close the dialog box.