Assets to Depreciation_CRP Script

Corrections and adjustment to asset cost and

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Unformatted text preview: is changed to reflect adjustment/correction. Book: XXX CORP Current Cost: $6,000 Click the Retirements button In the Retirements window, Select the Corporate Book in the Book field. Accept the current date for the Retire Date T ab into the Retirement Details zone. Asset Description: RETASSET2 08.19 Perform Source Line Retirement 08.20 Review Source Lines and Select Line for Retirement. - Status of the Retirement is Pending Retirement is saved and you return to the asset workbench. Retirements form is displayed Part of the Asset is sold with associated costs. Retirement is saved and you return to the asset workbench. A retired asset may be ‘Reinstated’ before or after running Gain/Loss or month-end Depreciation. In the Retirements screen re-query the retirement you wish to undo. Before Gain/Loss or Depreciation is run the button is Undo Retirement. After Gain/Loss or Depreciation is run the button is Reinstate. This will be executed later in this FLOW SCRIPT. Parameters: 1.00 1.00 1.00 1.00 1.00 - 1.00 - 1.00 - 1.00 1.00 1.00 - Request is successful. Submit Asset Retirements report Parameters: Book: XXX CORP From Period: JUL-10 T o Period: JUL-10 Click the OK button to accept parameters. Click the Submit button Click the OK button Click the Refresh button Put your cursor on the ‘Asset Retirements Report ‘ and click the View Output button. Verify the Retirements results Close the report window (X) Choose File, Close Form from the Applications Menu Navigate: Assets > Asset Workbench In the Find Assets window, enter the Asset Description to search. Description: RET ASSET 2 Click the Find button Highlight Asset with a single click. Asset Description: RET ASSET 1 Click the Retirements button In the Retirements window, Query the Retirement record. (CT RL)(F11) Retire Date: 9/12/2012 Click the Reinstate button Click the OK button to confirm you want to reinstate this asset. Choose File, Close Form from the Applications Menu to close the Asset Retirements window. Choose File, Close Form from the Applications Menu to close the Asset workbench Navigate: Mass Transactions > Retirements > Create and Reinstate In the Mass Retirements form, Select the Asset Book that the assets belong to. Book: XXX CORP Accept the current date as the transaction date or input a Retire Date: (last day of current period date from a prior period. defaults) Choose a retirement type and input any proceeds of Sale. Retirement Type: Extraordinary Optionally, input a comment as to why these assets are Comment: Mass Retirement of being retired. MRETASSET2 and SLRETASSET Choose the assets to be retired from among the following criteria: Depreciation expense account Location Employee Asset Category Asset Key Asset Cost Asset Number Asset Number: 4 to 5 Date in Service You may enter a value in more than one field to help narrow your selection. Choose Create button Click the OK button to confirm. Click the OK button Requery Mass T ransaction. Enter Query (F11) Enter Mass T ransact...
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