Select this to process the adjustment to the asset.

If you change the Throughput EUL value for an asset that currently has accumulated depreciation against it, then the adjustment amount is calculated as:

(Asset cost / New throughput EUL x Throughput to date) - Accumulated depreciation to date

If you change the Number of periods for an asset that currently has an accumulated depreciation value against it, then the adjustment amount is calculated as:

(Asset cost / No of periods EUL x No of periods to date) - Accumulated depreciation to date

The following fields against the asset are affected by the adjustment amount:

The Adjustment to accumulated depreciation is calculated as the difference between the existing accumulated depreciation and the new accumulated depreciation.

The adjustment for depreciation year to date is calculated as the difference between the existing depreciation year to date and the new depreciation year to date.

If the adjustment amount is positive, and if your Assets Register module is integrated to the General Ledger (General Ledger Integration), then the following General Ledger entries are created in the current Assets period for changes to Book Value depreciation books:

If the adjustment amount is negative, then the entries are as follows:

The results are displayed in the Depreciation Adjustment for EUL listview.

This enables you to see the effect of your changes before actually posting them.

	If you entered values in the Adjustment depreciation year to date or the Adjustment accumulated depreciation columns, then these values are over-written when you select the Calculate function. If you want to post the values you entered in these columns (not the values calculated by the system), then you must not select the Calculate function before you select the Post function.

This indicates the date of the adjustment and defaults to the current period end date of the Assets module, but can be changed.

The date must be in the current financial period.

Irrespective of the date entered here, the depreciation adjustment is processed in the current Asset module period.

Depreciation books with a Basis for depreciationof Life of assetare excluded (Asset Register Setup).

Depreciation for the asset is calculated based on the depreciation type defined against the depreciation code (see Asset Depreciation Codes).

You use this field to indicate the residual value (if any) for the depreciation book.

By default, book value depreciation is calculated on the Cost/value of the asset, unless a residual value is defined and the option: Exclude residual from depreciation for - Book value (Asset Register Setup - General tab) is selected. In this case, the residual value is deducted from the cost of the asset before calculating book value depreciation.

An asset is depreciated until the residual value entered here is reached (i.e. the accumulated value equals the difference between the cost value and the residual value.

You use this field to enter the estimated throughput value for the entire life of the asset. This is used for calculating the Statistical EUL depreciation amount.

For example, if you are depreciating a vehicle based on through-put of kilometers and you estimate that the vehicle's estimated useful life (EUL) is a total of 300 000 kilometres, then you enter 300 000 in this field.

This field is only enabled if you entered a Statistical EUL depreciation code type at the Depreciation code field.

You use this field to enter the General Ledger code to which you will process the statistical throughput value for the current period. This ledger code must have an Account type of Statistical (General Ledger Codes).

The through-put value you enter in this statistical ledger code is used by the Asset Depreciation Calculation program when calculating the depreciation value for the asset for the current period. For this reason, you would create an individual statistical ledger code for each asset for which you want to calculate depreciation based on Statistical EUL.

For example, if you are depreciating a vehicle based on throughput of kilometers, then for each period, you will enter the kilometres travelled for that period in the statistical ledger code you define here.

This field is only enabled if you entered a Statistical EUL depreciation code type at the Depreciation code field.

This defaults to the default number of periods defined against the depreciation code, but can be changed.

You use this field to enter the fixed number of periods over which the asset must be depreciated.

For example, if the Estimated Useful Life (EUL) of the asset is 10 periods, then you enter 10 in this field. The asset is then depreciated over 10 periods.

This field is only enabled if you entered a Fixed EUL depreciation code (see Asset Depreciation Codes), for the asset.

Enter the fixed number of years over which the asset must be depreciated.

This defaults to the default number of periods defined against the depreciation code, but can be changed.

No adjustment values can be processed for de[reciatoin type: Remaining Value over Remaining Life.

This only applies if you entered a Depreciation code with varying depreciation.

S indicates that the rates defined change on the 'birthday' of the asset's start depreciation date.

This is calculated by the system when you select the Calculate function. You can, however, indicate the amount of the adjustment for depreciation year to date you require. This amount may be either positive or negative.

It is the amount by which the depreciation year to date will be increased or decreased.

	If you want to use the value you entered here, then you must not select the Calculate function before you select Post. When you select the Calculate function, the system over-writes your entry in this column.

This is calculated by the system when you select the Calculate function. You can, however, indicate the amount of the adjustment for accumulated depreciation you require. This amount may be either positive or negative.

It is the amount by which the accumulated depreciation will be increased or decreased.

	If you want to use the value you entered here, then you must not select the Calculate function before you select Post. When you select the Calculate function, the system over-writes your entry in this column.

This indicates the current net value of the asset in the asset depreciation book. This is calculated as: Cost/cash price less total Accumulated Depreciation.

The calculated current value is reduced by the residual value against the asset or by the minimum value defined against the asset group, whichever is the greater.