Enter Mass Depreciation Rules

In this example, you enter new mass depreciation rules to be applied to multiple assets.

Enter Mass Depreciation Rules

  1. On the Assets page, click the Adjust Assets panel tab.

  2. Click the Mass tab.

  3. Click the Create icon.

  4. On the Create page, enter these values:

    Field

    Value

    Book

    VO US CORP

    Transaction Type

    Cost and rules change

  5. Click Next.

  6. On the Enter Mass Depreciation Rules page, enter New Depreciation Rules in the Transaction Group field.

  7. In the Asset Selection Criteria section, on the General tab, enter these values:

    Field

    Value

    Asset Type

    Capitalized

    Prorate Convention

    MONTH

    Depreciation Method

    STL

    Location

    USA-CA-SAN FRANCISCO-NONE

    Category

    Computer-PC

  8. On the Depreciation Rules Details section, enter these values:

    Field

    Value

    Depreciation Method

    STL 30B

    Life in Years

    3

    Life in Months

    0

    Prorate Convention

    Half-Year

  9. Click Submit.

  10. Click Done.

Post the Transaction

  1. On the Assets page, click the Adjustments infotile.

  2. Select one of the rows with the transaction group name New Depreciation Rules.

  3. Click Prepare.

  4. Click OK.

  5. At the prompt Do you want to connect? click Yes.

  6. Enter your environment user ID and password and click Sign In.

  7. On the Manage Mass Depreciation Rules Change spreadsheet, review the lines and change the posting status to Post.

  8. Click Save and Post Transactions.