This option is a batch operation used to update depreciation parameters that are specified under the Fixed Asset tab of Asset cards for all Asset types. Update Depreciation Parameters menu option is located under the Operations menu of Asset Management. It updates depreciation durations and rations collectively. Update filters are:
Filter | Value |
Parameter to Be Updated | Depreciation Parameter / Alternative Parameters / Depreciation Parameters (IFRS) |
Asset Code | Group / Range |
Asset Description | Group / Range |
Asset Category | Real Estate / Transport Vehicle / Equipment / Other Asset |
Purchasing Date | Group / Range |
Purchasing Period | Will be Changed / Will Not Be Changed |
New Depreciation Period | Value entry |
Depreciation Rate | Will be Changed / Will Not Be Changed |
New Depreciation Rate | Value entry |
Partial | Yes / No / Will Not Be Changed |
Org. Unit Code | Group / Range |
Org. Unit Code Description | Group / Range |
Asset Status | Unavailable / Available / Allocation |
Parameters which should be updated are selected in Parameters to Be Updated line. Group or definition filter option is used in filter lines.
If depreciation durations or rates should be changed, it is specified in filter lines and new depreciation values are entered.
Click Apply button to update asset depreciation parameters (complying with filter values) collectively, so that depreciation calculations can be done over new rates and durations for the updated assets.