| # Capitalization (tffam1200m000) Use this session to capitalize one or more selected assets. When you capitalize an asset, its status and the status of each of its related books changes from Entered to Acquired. If the asset book contains accumulated depreciation and is capitalized, the status of the asset book becomes Depreciating. After you capitalize an asset, you can begin depreciating it at any time. You can capitalize assets that have the Entered or the Removed status. If you removed the capitalization of an asset, you can recapitalize the aset, for example, after making corrections to the asset's value. Next, you can recapitalize the asset that has the Removed status. Note If necessary, you can remove the capitalization status of an asset. This removes an asset from in-service and prevents it from depreciating. If you want to remove capitalization, see the Remove Capitalization (tffam1201m000) session. The Asset Cost Exceeds Unit Max Value message warns you that the cost of the asset divided by quantity is greater than the unit max value of the FAM Parameter (tffam0100s000) session. Only assets with a First Period Depreciation Method category are checked. Related topics Capitalizing Assets Removing Asset Capitalization Adjustment Journals Capitalization Date The date on which the capitalization takes effect and journal entries for the transaction are posted. You cannot enter a date prior to the in-service date of the asset, in a closed period, or outside the active dates for the current company. The date must be in an open period unless you select the Suppress Journal Entries check box. Default value Today's date. Suppress Journal Entries A transaction for which no subledger (invoice) document is available. Journal vouchers can be posted to the General Ledger. If you suppress journal voucher or journal entry, LN posts no journal entries to the General Ledger module. Print Error Report If this check box is selected, an error report is printed. Current Period If this check box is selected, the current period defined in the FAM Parameter (tffam0100s000) session is used. The default date is the first date of that period. You can choose a different date in this period. This date is used to find the reporting period and the tax period of the transaction. In-Service Date If this check box is selected, the in-service date is used. Asset Number The From and To fields define a range of: asset numbers. Asset Extension The From and To fields define a range of: asset extensions. Category The From and To fields define a range of: categories. Subcategory The From and To fields define a range of: subcategories. Capitalization Date If this check box is selected, the capitalization date is used. |