| # Mass Adjust Assets by Book (tffam8225m000) Use this session to specify a range of asset books to adjust. For each book, LN first determines whether an adjustment is possible. Only assets that have been capitalized can be adjusted. Each adjustment is recorded as a transaction. You record adjustments by book to change those values on assets that can vary from book to book. You record a mass adjustment by book to change a large number of assets in one or more of their related books. In order to obtain the asset books for which you want to adjust the values together, you enter values in the criteria fields, or leave them empty to perform the transaction on all assets in LN. You can adjust one or more multiple assets with related books or one or more multiple books with related assets. After you selected the criteria for the asset books you want to adjust, you enter the new values and choose the books to which LN must apply your changes. Based on the values you adjust, LN must restate depreciation. Note The adjustment date you enter cannot be prior to the assets' service date. Also, if you select a First Period depreciation method, the adjustment date always takes effect on the service date. Related topics Adjusting Mass Asset Books Adjusting Mass Assets GST Credit Note GST Master Data Setup Asset Number The asset number and asset extension create a unique identifier for the asset in the selected company. You specify the range of asset for which you want to perform a mass adjustment by book. Asset Number The asset number and asset extension create a unique identifier for the asset in the selected company. You specify the range of asset for which you want to perform a mass adjustment by book. Asset Extension The asset number and asset extension create a unique identifier for the asset in the selected company. You specify the range of asset for which you want to perform a mass adjustment by book. Asset Extension The asset number and asset extension create a unique identifier for the asset in the selected company. Category If you want to adjust a assets that share a category, specify the range of categories associated with the assets. Category If you want to adjust a assets that share a category, specify the range of categories associated with the assets. Default Subcategory If you want to adjust a assets that share a subcategory, specify the range of subcategories associated with the assets. Default Subcategory If you want to adjust a group of assets that share a subcategory, specify the range of subcategories associated with the group of assets. Asset Book Identifies the book associated with the asset. Book codes permit you to define the books used by assets to record transactional data. Each asset must have at least one asset-book relationship. Use this field to select a group of assets to be mass adjusted based on the range of books associated with them. Note The book codes you select here can be different from the ones used on the Adjustment Detail tab. The Book Code from and to fields on the Selection tab are used to select a range of assets based on the books they are associated with. The Book Code from and to fields on the Adjustment Detail tab are used to select the books that must be adjusted. Asset Book Identifies the book associated with the asset. Book codes permit you to define the books used by assets to record transactional data. Each asset must have at least one asset-book relationship. Use this field to select a group of assets to be mass adjusted based on the range of books associated with them. Note The book codes you select here can be different from the ones used on the Adjustment Detail tab. The Book Code from and to fields on the Selection tab are used to select a range of assets based on the books they are associated with. The Book Code from and to fields on the Adjustment Detail tab are used to select the books that must be adjusted. Group You specify the range of asset group codes associated with the group of assets on which you want to perform a mass adjustment. Group You specify the range of asset group codes associated with the group of assets on which you want to perform a mass adjustment. ITC Method You specify the range of investment tax credit (ITC) methods associated with the assets on which you want to perform a mass transaction. ITC Method You specify the range of investment tax credit (ITC) method associated with the group of assets on which you want to perform a mass transaction. Automobile You select certain criteria to perform the transaction. If you choose Selected, the transaction will be performed on those assets with this check box selected in the Asset (tffam1100s000) session. If you choose Not Selected, the transaction will occur on only those assets that do not have this check box selected in the Asset (tffam1100s000) session. If you choose N/A, the transaction will occur based on other criteria. Listed You select certain criteria to perform the transaction. If you choose Selected, the transaction will be performed on those assets with this check box selected in the Asset (tffam1100s000) session. If you choose Not Selected, the transaction will occur on only those assets that do not have this check box selected in the Asset (tffam1100s000) session. If you choose N/A, the transaction will occur based on other criteria. New You select certain criteria to perform the transaction. If you choose Selected, the transaction will be performed on those assets with this check box selected in the Asset (tffam1100s000) session. If you choose Not Selected, the transaction will occur on only those assets that do not have this check box selected in the Asset (tffam1100s000) session. If you choose N/A, the transaction will occur based on other criteria. Depreciation Code The way in which the depreciation of a fixed asset is spread out over the years. You specify the range of depreciation methods associated with the assets on which you want to perform the mass adjustment. Depreciation Code The way in which the depreciation of a fixed asset is spread out over the years. You specify the range of depreciation methods associated with the assets on which you want to perform the mass adjustment. Prop. Type A classification of fixed assets for United States legal tax depreciation requirements. You specify the range of property type code associated with the assets on which you want to perform the mass adjustment. Prop. Type A classification of fixed assets for United States legal tax depreciation requirements. You specify the range of property type code associated with the assets on which you want to perform the mass adjustment. Vintage/Group Account You specify the range of vintage/group account associated with the assets on which you want to perform the mass adjustment. Vintage/Group Acct You specify the range of vintage/group account associated with the assets on which you want to perform the mass adjustment. Service Date You specify the range of dates associated with the service of the asset for the group of assets on which you want to perform the mass adjustment. Service Date You specify the range of dates associated with the service of the asset for the group of assets on which you want to perform the mass adjustment. Default value The current date. Current Quantity You specify the range of current quantities shared by the group of assets on which you want to perform the mass adjustment. Current Quantity You specify the range of current quantities shared by the group of assets on which you want to perform the mass adjustment. Net Book Value The purchase value of an asset added with all revaluations and subtracted with all depreciations, adjustments, and reductions to the purchase value. The book value can be used as a base for the depreciation calculations. You specify the range of net book values shared by the assets on which you want to perform the mass transaction. Net Book Value The purchase value of an asset added with all revaluations and subtracted with all depreciations, adjustments, and reductions to the purchase value. The book value can be used as a base for the depreciation calculations. You specify the range of net book values shared by the group of assets on which you want to perform the mass transaction. Net Book Value One of a company's base currencies in which LN registers and reports amounts. In a multicurrency system, up to three home currencies can be defined: The local currency Two reporting currencies From the Tools menu, choose Rotate Currency to switch home currencies. Financial Company You specify the distribution company for the group of assets on which you want to perform a mass adjustment. There must have a valid intercompany relationship for the selected company. Financial Company You specify the distribution company for the group of assets on which you want to perform a mass adjustment. There must have a valid intercompany relationship for the selected company. Location You specify the location account associated with the assets on which you want to perform mass adjustment. You might have up to eight location segments set up which define the physical location of an asset. Adjustment Date Date on which the mass adjustment by book takes effect. Reason Enter a reason code of the adjustment reason type for the new adjustment transactions. Reason codes are maintained in the Reasons (tffam6550m000) session. The reason code of an adjustment transaction can be looked up in the Adjustment - Details (tffam8520s000) subsession of the Asset Book Transaction Inquiry (tffam8501m000) session. Reason The description or name of the code. Effective From If Effective Date is selected, the adjustment will occur as of the date the adjustment was made; otherwise, it will occur as of the asset's service date. Suppress Journal Entries If this check box is selected, journal entries are not created in the General Ledger module for this transaction. Print Error Report If this check box is selected, an error report is printed. Transaction Currency The currency of the transaction which can be different from the home currencies. Home Currency One of a company's base currencies in which LN registers and reports amounts. In a multicurrency system, up to three home currencies can be defined: The local currency Two reporting currencies From the Tools menu, choose Rotate Currency to switch home currencies. Rate A charge or payment fixed according to a standard scale, for example, the currency rate of the transaction. Rate Factor The factor by which the amount in the transaction currency or the invoice currency is divided before LN converts it to a home currency. A rate factor is often used for currencies that have a relatively low price, for example, Korean Won. Asset Book Specify the range of book codes to adjust. Note The book codes you adjust can be different from the ones used on the Selection tab. The Book Code from and to fields on the Selection tab are used to select a range of assets based on the books they are associated with. The Book Code from and to fields on the Adjustment Detail tab are used to select the books that must be adjusted. Asset Book Specify the range of book codes to adjust. Note The book codes you adjust can be different from the ones used on the Selection tab. The Book Code from and to fields on the Selection tab are used to select a range of assets based on the books they are associated with. The Book Code from and to fields on the Adjustment Detail tab are used to select the books that must be adjusted. Book Type Specify the range of book types to adjust. Book Type Specify the range of book types to adjust. Prop. Type Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same. Prop. Type If you selected Replace in the previous field, you must select a new property type. Prop. Type The description or name of the code. Depreciation Code Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same. Depreciation Code Replace the existing depreciation code with the new one you specify. If this field is blank, nothing will occur. Depreciation Code The description or name of the code. Depreciation Frequency Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same. Frequency Replace the existing frequency with the new one you specify. If you leave this field blank, nothing will occur. Frequency The description or name of the code. Deprec Below Salvage Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same. Deprec Below Salvage If you select Yes, the asset will depreciate below salvage value. If you select No, the asset will not depreciate below salvage value. Allow Depr. Posting Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same. Allow Depr. Posting If you select Yes, depreciation posting is allowed. If you select No, depreciation posting is not permitted. Asset Life (YY/MM) Select the operator appropriate for the change you want to make. To increase the value, select the plus sign ( +). To decrease a value, select the minus sign ( -). To multiply a value by another value, select the asterisk ( *). To divide, select the forward slash ( /). To replace, select Replace. To make no changes to the value, select No Change. Note If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing. Adjustment Operators for Value fields Asset Life (YY/MM) The value used to obtain the new asset life in years. Asset Life (YY/MM) The value used to obtain the new asset life in months. Asset Life (Units) Select the operator appropriate for the change you want to make. To increase the value, select the plus sign ( +). To decrease a value, select the minus sign ( -). To multiply a value by another value, select the asterisk ( *). To divide, select the forward slash ( /). To replace, select Replace. To make no changes to the value, select No Change. Note If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing. Adjustment Operators for Value fields Asset Life (Units) The value used to obtain the new asset life in units. Current Cost Select the operator appropriate for the change you want to make. To increase the value, select the plus sign ( +). To decrease a value, select the minus sign ( -). To multiply a value by another value, select the asterisk ( *). To divide, select the forward slash ( /). To replace, select Replace. To make no changes to the value, select No Change. Note If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing. Adjustment Operators for Value fields Current Cost The value used to obtain the new current cost. The amount is converted into the home currency using the transaction currency, rate factor, and rate information. Accum.Deprec. Select the operator appropriate for the change you want to make. To increase the value, select the plus sign ( +). To decrease a value, select the minus sign ( -). To multiply a value by another value, select the asterisk ( *). To divide, select the forward slash ( /). To replace, select Replace. To make no changes to the value, select No Change. Note If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing. Adjustment Operators for Value fields Accum.Deprec. The value used to obtain the new accumulated depreciation amount. The amount is converted into the home currency using the transaction currency, rate factor, and rate information. Salvage Value Select the operator appropriate for the change you want to make. To increase the value, select the plus sign ( +). To decrease a value, select the minus sign ( -). To multiply a value by another value, select the asterisk ( *). To divide, select the forward slash ( /). To replace, select Replace. To make no changes to the value, select No Change. Note If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing. Adjustment Operators for Value fields Salvage Value The value used to obtain the new salvage value amount. The amount is converted into the home currency using the transaction currency, rate factor, and rate information. Sec. 179 Value Select the operator appropriate for the change you want to make. To increase the value, select the plus sign ( +). To decrease a value, select the minus sign ( -). To multiply a value by another value, select the asterisk ( *). To divide, select the forward slash ( /). To replace, select Replace. To make no changes to the value, select No Change. Note If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing. Adjustment Operators for Value fields Sec. 179 Value Used to obtain the new section 179 value. The amount is converted into the home currency using the transaction currency, rate factor, and rate information. Capitalized Interest Select the operator appropriate for the change you want to make. To increase the value, select the plus sign ( +). To decrease a value, select the minus sign ( -). To multiply a value by another value, select the asterisk ( *). To divide, select the forward slash ( /). To replace, select Replace. To make no changes to the value, select No Change. Note If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing. Adjustment Operators for Value fields Capitalized Interest The value used to obtain the new capitalized interest amount. The amount is converted into the home currency using the transaction currency, rate factor, and rate information. Current ITC Amount Select the operator appropriate for the change you want to make. To increase the value, select the plus sign ( +). To decrease a value, select the minus sign ( -). To multiply a value by another value, select the asterisk ( *). To divide, select the forward slash ( /). To replace, select Replace. To make no changes to the value, select No Change. Note If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing. Adjustment Operators for Value fields Current ITC Amount The value used to obtain the new current investment tax credit (ITC) amount. The amount is converted into the home currency using the transaction currency, rate factor, and rate information. Revaluation Index Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same. Revaluation Index Replace the existing revaluation index with the new one you specify. If this field is blank, nothing will occur. Revaluation Index The description or name of the code. Shift Factor Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same. Shift Factor Replace the existing shift factor with the new one you specify. If this field is blank, nothing will occur. Shift Factor The description or name of the code. Additional Posting Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same. Additional Posting Adjusts the field in the Asset Book (tffam1110s000) session according to what you specify. If you leave the field blank, no change in the Asset Book (tffam1110s000) session occurs. Add. Posting Amount Select the operator appropriate for the change you want to make. To increase the value, select the plus sign ( +). To decrease a value, select the minus sign ( -). To multiply a value by another value, select the asterisk ( *). To divide, select the forward slash ( /). To replace, select Replace. To make no changes to the value, select No Change. Note If you enter a currency amount in this field other than the home currency, the transaction currency combined with the rate and the rate factor is used to calculate the home currency amount. This is used when the operator type is adding, subtracting, or replacing. Adjustment Operators for Value fields Add. Posting Amount You input the new value for the additional posting amount. Depreciation Code Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same. Depreciation Code Indicates the new depreciation method code. Economic Recapture Select Replace to adjust the existing values in this field. If you select No Change, the value will remain the same. Economic Recapture Adjusts the field in the Asset Book (tffam1110s000) session according to what you specify. |