Adding Retirement Options for New Assets

  To add the new menu item, RetireNewAsset:

1. In Planning, select Administration, then Manage, and then Menus.

2. Select New Asset Menu, and then click Edit.

3. From NewAssetMenu, select 6.0 CalcDepr, and then click Add Sibling.

4. In Add Menu Item, set these values:

   • Menu item: RetireNewAsset

   • Label: Retire Asset

   • Type: Business Rule

   • Required Dimension: Line Item

   • Plan Type: Capex

   • Business Rules: Retire Asset

   • View Type: Streamline View

   • Window Title: Retire New Asset

   • OK Button Label: OK

   • Cancel Button Label: Cancel

   • Select Launch in a separate window

5. Click Save and then close the dialog box.

  To update the New Asset Request — Addition data form to include the new retirement-related accounts:

1. Select data form 02A. New Asset Request – Addition and then click Edit.

2. Select Layout, and then click Edit Column Task.

3. Select Column Definition 3, and then click Edit.

4. In Member Selection Account, add these accounts to the selection:

   • Delayed start date

   • Reason delayed

   • Premature end date

   • Reason ended

5. Click Save and then Finish.

  To verify:

1. In Planning, select Administration, then Manage, then in Data Forms expand Forms, and then select Capital.

2. Select 02. New Asset Requests.

3. Right-click a line item, such as Honda Car, then select Retire Asset, and then enter details, such as asset class, line item, retire date, retire option, sale value for write-off, and retire costs.

4. Click Finish.

5. Verify that the data form has the premature end date and the reason for retirement.

6. Right-click the retired line item, and then select Profit and Loss Impact.

7. Select FY09 and then click GO. Verify that the depreciation is terminated in the period April FY09 and the Loss/(Gain) on Sale of Property, Plant, and Equipment is calculated.