Reclassification

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Reclassification

Overview

 

The Delta system enables the user to:

 

Reclassify a particular fixed asset

Or an entire class of assets

 

All the balance sheet transactions are transferred from the old class to the new class via journal transactions.

 

Function

 

Reclassify one fixed asset in a class of assets

 

Select the Reclassification mode as 'Fixed Asset'.

 

 

Select the Fixed Asset from the drop down list.

 

All information is displayed for the particular asset selected as well as all transactions previously generated.

 

Select the new Fixed Asset Class range using the pickers.

 

 

DeltaERP will now display the data for the new Fixed Asset Class (CM, control accounts and charge accounts that have been defined)

 

Click the button and to continue.

 

 

The journal details to be posted will be displayed:

 

 

The details can be exporter to a Microsoft Excel Spreadsheet if required.

 

Click on the .

 

 

Select to print the journal.

 

 

 

 

 

Reclassify an entire class of fixed assets

 

Select Reclassification Mode as 'Fixed Asset Class'.

 

 

Select the fixed asset and fixed asset class range. The data from the selected class is now displayed as well as the transaction previously processed.

 

 

Click the button and to continue.

 

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A journal is created to transfer balance sheet transactions from the old to the new fixed asset class. Click  ‘Yes’ to view / print the journal or ‘No’ and print the journal later via the Ledger Journal Enquiry function.

 

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