When there is any decrease / increase in fixed asset values, the new values are entered and tracked historically by using "Decrease / Increase of Fixed Asset Value" window. This option is located at the right mouse button menu of the fixed asset records list. Fixed asset values can be decreased to a certain value and decrease in value can be tracked historically. Depreciation is calculated for this new value.
The fields and functions of the Decrease / Increase of Fixed Asset Value window are as follows:
Fixed Asset Code/Description: The code and description of the fixed asset. The code and description info transferred to this field automatically and cannot be changed.
Fixed Asset Record Code: The record code of the fixed asset belonging to the record selected at "Fixed Asset Code / Description" fields. It is transferred to this field automatically and cannot be changed.
Date: The recording date of the new entered value of fixed asset.
Expertise Fixed Asset Value: Used to enter the new value of the fixed asset.
Increase In Value: The difference between new and the old value of the fixed asset.
Decrease In Value: The difference between new and the old value of the fixed asset.
The data entered here is used in depreciation table. If new fixed asset value causes a decrease in value, this can be posted to G/L through this window. When posted fixed asset values are changed for this reason, G/L slip connection is broken. If losses of values are entered for a posted period, these losses will not be taken into consideration for depreciation calculations.
The decrease of fixed asset value defined by the user is written to Decrease In Value (Expertise) field of depreciation table. Depreciation can be recalculated for this new value.
If the new value of the fixed asset causes an increase, this new value is written to Increase In Value (Expertise) field of depreciation table.