Set options for Change in Net Value
Explanation
This activity is used to set options for the change in net value.
Prerequisites
Before you can set options for the change in net value, the following must have been
completed:
- The object(s) must be fully depreciated up to and including the date for the change
. This means that a change can only take place if the event date is at the end of a
period. (Note: This prerequisite is not
necessary if the object type of the object for which this activity is
performed is Non Depreciable.)
System Effects
As a result of this activity, options for the change in net value is set and
the window
Change Net Value -
Progress is
opened and the selected object(s) is ready for change of value.
Window
Change Object Value
Related Window Descriptions
Change Object Value
Change Net Value
Change Net Value - Progress
Procedure
- Open the
Change Object Value window and query for the
object(s) for which you want to change the net value.
- Select the record(s) that you queried for, right-click and click
Change Net Value.
- Enter appropriate value in the Voucher Date, User Group
and Voucher Type fields. The default values are displayed.
- The Recalculate value gives an opportunity to insert a default value for
selected object/objects. This could be done by percentage or amount. Select
Percent or Amount as base for recalculation of acquisition value.
- Use the List of Values to enter a
value in the Depreciation Reason field.
- For default values enter an quantity in Value. If
Percentage is selected, this field holds percentage, and if Amount is selected the field
holds amount. For percentage: -10 = 10% reduction and 10 = 10% increase. The base for
calculating is Acquisition Value. .
- Enter the event date. The object must be fully depreciated up to and
including the event date. This means that a change can only take place if
the event date
is the last date of a period.
- Enter the retroactive date; the date to which the transaction affected. Event date is the
default value.
- Click OK.