| # 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 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 Date that capitalization takes effect and journal entries for the transaction will be posted. You cannot enter a date prior to the 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 general ledger. If you suppress journal voucher or journal entry, ERP 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 is used. Service Date If this check box is selected, the service date is used. Capitalization Date If this check box is selected, the capitalization date is used. |