Change DM / UL

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Change DM / UL

Overview

 

The Depreciation method and Useful life may be changed under this application. Should the user want to change both DM and UL, the DM must first be changed then the UL.

 

Function

 

Changing the DM/UL

 

 

Select the following:

 

Change - select the option to change

Fixed Asset - select the fixed asset to change the DM/UL for using the picker

Effective Period - select the period that the transactions must be changed from, using the picker

Posting period - this is the date the transactions are posted to general ledger, select this date using the picker

New Depreciation Method - select the new depreciation method using the picker

 

Select the button to post the changes. The system will prompt the following message to confirm if the user would like to continue. Select to continue.

 

 

The following Journal screen will be opened:

 

 

The information can be exported to a Microsoft Excel Spreadsheet using the button.

 

Click on the button.

 

The next message will confirm the changes saved and if the user would like to print the journals. Select to print.

 

 

 

 

 

 

 

 

 

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