| # Restate Vintage/Group Account (tffam7273m000) Use this session to recalculate depreciation that occurred in a prior period for the vintage/group accounts. Restate depreciation will locate the last depreciation transaction. If nothing is found, it will restate from the service date. When you restate, ERP LN calculates the new depreciation amount for each period and adjusts any previous depreciation transactions so that the depreciation transactions for each period sum to the new depreciation amount. ERP LN looks for the date to depreciate and reverses to the effective date of the transaction, then restates from this point. Otherwise, ERP LN reverses from the service date. The periods in the General Ledger module must be open and the transactions for the prior period must not have been purged in order for recalculation of depreciation to occur. Functional capabilities must be identical to the standard restate depreciation in the Restate Asset Depreciation (tffam1206m000), except that depreciation occurs on only the ADR book for each asset in the selected vintage account. Related topics Using Vintage/Group Accounts Using Vintage/Group Account Transactions Restating Vintage/Group Accounts Year / Period Year range through which depreciation will be restated. If the year is 0, then restatement will occur from the service date. / Periods divide a year into regular intervals, such as weeks, months, or quarters, that can be used for statistical, hours accounting, planning, and cost controlling purposes. Period range through which depreciation will be restated. You must enter an integer between 1 and n where n is the number of periods in the calendar template. Year / Period Year range through which depreciation will be restated. / Periods divide a year into regular intervals, such as weeks, months, or quarters, that can be used for statistical, hours accounting, planning, and cost controlling purposes. Period range through which depreciation will be restated. You must enter an integer between 1 and n where n is the number of periods in the calendar template. Suppress Journal Entries If this check box is selected, journal entries are not created in the General Ledger module for this transaction. Note Federal Tax books do not send entries to the ledger. Since vintage/group accounts are always associated with a Federal Tax book, this check box is not used. |