Set Up Group Assets in the Corporate Book
Before creating group assets, you need to configure your corporate book to allow group assets.
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Navigate to the Edit Book page.
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In the Book Class field, select Corporate.
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Enable the Allow amortized changes option.
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Click the Advanced Rules tab.
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Enable the Allow group depreciation option.
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If your company needs to add CIP assets to group assets, enable the Allow CIP members option.
Note:Note: Once you enable the Allow CIP members option and save it, you can't disable it.
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If you need to allow CIP member assets to depreciate, enable the Allow CIP depreciation option.
Note:If you don't enable the Allow CIP members option, you can't enable the Allow CIP depreciation option.
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If you want member assets tracked by depreciation book, enable the Allow member tracking option. Once you enable and save this option, you can't disable it.
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If your company requires member assets to have balancing segment values that are different than the balancing segment value of the group asset, enable the Allow intercompany member option.