Updating Depreciation Values

Advanced Operations (G1231), Update of Depreciation Values.

If you change depreciation values for a cost account, the system automatically updates all depreciation records in the F1202 table for the asset, ledger type, and current fiscal year. To update the depreciation records for prior fiscal years, you must run the Update of Depreciation Values program. The program updates every selected item that uses the asset cost account with the new depreciation information. You should run Update of Depreciation Values (R12822) only under these circumstances:

  • You change the depreciation values for a specific asset cost account or group of assets in the depreciation rules.

  • Asset Account Balances records for an asset, ledger type, and fiscal year are not the same.

  • Depreciation amounts in the system are corrupted.

Important: Ensure that the data selections specify only the depreciation records that you want to update.