Fixed Assets

Currency Translator makes a special adjustment when the fixed asset formula is:

Fixed Assets =	Fixed assets (prior period)
	+ Fixed Capital Investment (FCI)
	? Retirements

Example:

Item	Deutschemarks	Rate	Dollars	Rate Info
Fixed assets (year 1)	6000	.75	4500	year-end rate (year 1)
FCI (year 2)	700	.72	504	weighted average rate
Retirements (year 2)	(600)	.72	(432)	weighted average rate
Fixed assets (year 2)	6100	.60	3660	year-end rate (year 2)

The fixed assets formula expressed in dollars does not balance, that is, 4500 + 504 - 432 - 3660. Currency Translator adjusts the amount and store the adjustment in Adjustment to Fixed Assets (v2170.4.000).

Following is the adjustment formula:

Adjustment to Fixed Assets =	Fixed Assets	3660
	- Fixed assets (prior period)	4500
	- Fixed Capital Investments	504
	+ Retirements	432
	Result	- 912