| # Adjust Vintage/Group Account (tffam7271m000) Use this session to adjust parameters on the vintage/group account after it has been entered. Any changes you make to the vintage or group account are also made to all of the assets the account contains. ERP LN displays the current values and you replace them with the new values. ERP LN makes the changes to the selected vintage or group accounts and related ADR book. Journals are generated in the General Ledger module according to the modifications. Related topics Using Vintage/Group Accounts Using Vintage/Group Account Transactions Adjusting Vintage/Group Accounts Vintage/Group Account A unique identifier for the vintage/group account. Effective Date Date the adjustment takes effect. Depreciation can be restated for the adjustment from the effective date, this depends on whether the asset is adjusted. If the transaction is processed, depreciation is recalculated from the specified period, for each non-suspended period in the frequency, up to and including the last depreciation period. Default value The first day of the current period. Reason A user-defined description that is based on a transaction and its type. Reason codes assist in selecting data for inquiry and for reporting. Reason Code The description or name of the code. Suppress Journal Entries If this check box is selected, journal entries are not created in the General Ledger module for this transaction. Depreciation Code Value with which you want to replace the vintage/group account's current depreciation method in its assets'ADR or MACRS group books. Depreciation Code The description or name of the code. Depreciation Frequency Value with which you want to replace the vintage/group account's current depreciation frequency. This is editable only in the first year of vintage/group account. Default value The current depreciation frequency for the selected account. Depreciation Frequency The description or name of the code. Asset Class Value with which you want to replace the vintage/group account's current tax code class. Default value The current class for the selected account. Asset Class The description or name of the code. Life (in months) Value with which you want to replace the vintage/group account's current life. This field is editable only in the first year of vintage/group account. Default value The current value for the selected account. Deprec Below Salvage Indicates whether the vintage/group account can depreciate below the total salvage value of its assets.This field is only editable in the first year of the vintage/group account. Default value The current value of the selected account. New Indicates the changed value for the vintage/group account. If this check box is selected, the asset is new. This field is editable only in the first year of vintage/group account. Default value The current setting for the selected account. |