After adding assets, you can adjust costs and in-service dates by moving capital expense spending plans to different periods—useful if you change the priority for assets or adjust costs or units based on better estimates. The basic cost and depreciation are recalculated when users right-click the line item and select Calculate Asset.
To adjust costs and in-service dates:
Add an asset (see Working with Tangible and Intangible Assets).
Open the 02. New Asset Requests data form (see Logging On and Accessing Capital Asset Planning).
Right-click an asset class, such as Machinery and Equipment, and select Add New Asset.
Enter information for Asset Class, Number of Requests, Description, CAR #, Priority, Justification, Asset Units, Asset Rate, Salvage Value, Purchase Date, and In Service Date. Then click Finish.
This adds the asset request, calculates and updates the basic cost, and calculates depreciation across the useful life of the asset. New asset requests are added as line items in the data form.
In the 02. New Asset Requests data form, update the number of units, for example, from 3 to 4.
Update the In Service Date, for example, from 4/1/07 to 6/1/07.
Select the line item, then select Calculate Asset to recalculate the basic cost based on the new value. Depreciation and other balances are moved to the new period as appropriate.
Optional: To review changes, open data form 08. Capital Expenditure Summary (see Logging On and Accessing Capital Asset Planning). To view details of each asset, right-click an asset class. On the line item, click Profit and Loss Impact to see the depreciation impact. Click Cash Flow Impact to see the cash flow impact.