Within the scope of IFRS, when there is any decrease / increase in fixed asset values, the new values are entered and tracked historically by using "IFRS Fixed Asset Value Decrease / Increase" 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 in IFRS Depreciation table.
The following fields are located in IFRS Fixed Asset Value Decrease / Increase window:
Fixed Asset Code/Description: It refers to 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: It refers to 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: It is the recording date of the newly entered fixed asset value.
Expertise Fixed Asset Value: It is used to enter the new value of the fixed asset.
Increase In Value: It refers to the difference between the new and the previous value of the fixed asset.
Decrease In Value: It refers to the difference between the new and the previous value of the fixed asset.
The data entered here is used in IFRS depreciation table. If new fixed asset value causes a decrease or increase in value, this can be posted to G/L through this window. When posted values are changed, G/L slip connection is broken.
The decrease of fixed asset value defined by the user is written to Decrease In Value (Expertise) field of IFRS 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 IFRS depreciation table.