These options enable you to specify the manner in which book value depreciation values are posted to the General Ledger.

This option is disabled from the time the Asset Depreciation Calculation has been run and the month end is completed. This is to prevent you changing the integration method between running the depreciation calculation and completing the Assets month end routine. You can, therefore, only change this option after completing an Assets month end and before running the Asset Depreciation Calculation for the current month.

Select this to post book value depreciation to the General ledger according to the settings defined for asset integration (General Ledger Integration).

	If you select this option, you can still define a different ledger code for the posting of book value depreciation for selected assets. To do this, you select the Depreciate by asset option (Assets - Asset information) and define a Ledger code for the asset. The ledger code defined against the asset is then used to post the book value depreciation.

Select this to post book value depreciation values to the General ledger code defined against each asset (Assets - Asset information).

If you select this option, then you must define a valid Ledger code for book value depreciation against each asset using the Assets program. If you select to depreciate assets at Individual asset level and no ledger code for book value depreciation is defined against the asset, then the transaction journal is created with a blank ledger code. In this case, when you use the Asset GL Integration or GL Journal Entry programs to update the General Ledger, depending on your integration level for Assets (General Ledger Integration), these entries are listed as errors which you will need to manually fix using the GL Journal Entry program.

Select this to be able to link assets together as master and sub assets.

You would typically use sub-assets for single assets which comprise components of significant value and which can be identified separately. Depreciation for the master and the sub-assets can be calculated at different rates.

In addition, you would select this option to comply with Paragraph 43 of IAS 16, which states "Each part of an item of property, plant and equipment with a cost that is significant in relation to the total cost of the item shall be depreciated separately."

Master/Sub Asset links are maintained using the Asset Master Sub-assets program.

Reports such as the Asset Movement Schedule and Asset Tax Values Schedule optionally enable you to print totals for each individual asset and for the sum of the master and its sub assets.

If you select this option, then you will need to enter the historical depreciation information for each prior period and year manually using the Asset Acquisition program.

If you select this option, then you will need to enter the historical depreciation information for the prior periods manually using the Asset Acquisition program.

	The historical depreciation can only be added into the current year.

Select this if, when adding a new asset purchased before your current financial month, you want the system to calculate the (historical) book and tax depreciation automatically up to the end of the last financial month.

A 'brought forward' balance is created, which could mean that historical reports may not balance to current year reports. This may be useful in take-on situations, but may not be desirable thereafter.

The system attempts to spread the book value depreciation across historical periods depending on the period end dates defined for the Assets Register module (Asset Register Setup - Periods tab) and the Start depreciation date defined against each asset (Assets - Book Value Details).

When you add an asset into a prior year, Addition and Catch-up depreciation (accumulated) entries are created plus the current year entries. These entries are displayed in the Asset Query program.

Regardless of your selection against this option, tax (wear and tear) depreciation is always calculated automatically up to the end of the last financial month.

No 'brought forward' balance is created.

This enables you to monitor changes made to asset information. Refer to Asset Amendment Journal for a list of the programs for which amendment journals are created.

If you select to retain this information, then it can be listed using the Asset Amendment Journal program.

Select this if you do not want to monitor or retain information on changes made to assets held on file.

Select this to monitor and retain information on changes made to assets held on file.

Select this to monitor and retain information on changes made to assets as well as details on the addition of new assets.

Select this to round up decimal places of .5 or larger, and to round down decimal places of .4 or less.

All monetary values in SYSPRO are rounded to 2 decimal places by default.

Example:

If the amount to be rounded is 2.1543, then SYSPRO automatically rounds this to 2.19.

If the amount to be rounded is 2.1343, then SYSPRO automatically rounds this to 2.13.

For example, if your smallest monetary unit of currency is 5 cents, then you would probably enter 5 in this field.

Select this if the value entered in the Round to nearest field represents the nearest monetary unit of currency (e.g. cents).

For example: If you entered 1 in the Round to nearest field and you select Decimals, then rounding is done to the nearest cent, not to the nearest 1 decimal place.

Select this if the value entered in the Round to nearest field represents the nearest local currency unit (e.g. dollars or yen).

For example: If you entered 1 in the Round to nearest field and you select Units, then rounding is done to the nearest dollar or yen.

This enables you to include or exclude the residual value of your assets when calculating depreciation.

Select this to deduct the residual book value of the asset (Assets - Book Value Details pane) from the cost of the asset before calculating the book value depreciation.

If you do not select this option, then the book value depreciation is calculated on the cost of the asset (i.e. ignoring the residual value).

You typically select this option to comply with Paragraph 53 of IAS 16 which states that depreciation should be calculated after deducting the residual value.

Irrespective of your selection, the asset is depreciated only until the book value residual amount is reached.

If you select this option in the middle of an asset's lifetime, then the historical depreciation values for the asset are not changed, but the depreciation will be based on the difference between the asset's original cost and its residual value from this point onwards.

Select this to deduct the residual tax value (Assets - Tax Details pane) from the cost of the asset before calculating the tax value depreciation.

If you do not select this option, then the tax value depreciation is calculated on the tax cost of the asset.

Irrespective of your selection, the asset is depreciated only until the tax residual amount is reached.

These CNT type entries are displayed in the Asset Entries pane for the Book value of the Asset Query program and are useful for audit purposes (i.e. to prove that an asset was counted).

Select this to save the selections you made on all the tab pages and to exit the program.

Select this to print a report of your Assets module setup options.

It is advisable to keep this report for disaster recovery purposes.

Select this to exit the program without saving any changes you made.

Select this to view the latest online Help documentation for this program.

	Great care must be taken when changing the Basis for depreciation, as changing a basis can result in loss of historical data and entries.

The Asset conversion program which converts your assets from a previous version of SYSPRO to SYSPRO 6.1 sets the Basis for depreciation as follows:

The default basis is Life of asset, but can be changed. The various depreciation basis are explained above.

The Asset Depreciation Calculation can be re-run at any time in Generate & update mode for any Alternate valuation depreciation book.

The available options are the same as for Book value.

The available options are the same as for Book value.

These options enable you define the number of periods for which you want to keep asset information.

The minimum number of periods for which you can retain this information is 24.

This indicates the number of months for which you want to retain your Assets Register GL distribution entries.

When distribution records have been held on file longer than the number of periods specified here, they are deleted when running the Purge function of the Assets Period End program.

The number of periods specified here also determines the number of periods for which you can reprint General Ledger distribution entries using the Asset GL Distribution program.

Enter 99 to retain this information indefinitely.

This indicates the number of periods for which you want to retain entries for assets that have been disposed of using the Asset Disposal program.

When records have been held on file longer than the number of periods specified here, they are deleted when running the Purge function of the Assets Period End program.

The number of periods specified here also determines the number of periods for which you can view asset information on disposed assets using the Asset Query and Asset List of Disposals programs.

Enter 99 to retain this information indefinitely.

This indicates the number of periods for which you want to retain Assets Register transactions processed using the Asset Transactions program.

When entry records have been held on file longer than the number of periods specified here, they are deleted when running the Purge function of the Assets Period End program.

Enter 99 to retain this information indefinitely.

Indicate the number of periods that you want to retain a record of capex items that are in a status of Closed.

Capex items are deleted when next you purge records using the Assets Period End program, if:

Enter 99 to retain this information indefinitely.

Indicate the number of periods that you want to retain a record of capex requisitions lines that are in a status of Closed.

Capex lines are deleted when next you purge records using the Assets Period End program if:

The number of periods for which you want to retain capex requisition lines cannot exceed the number of periods for which you want to retain capex items.

Enter 99 to retain this information indefinitely.

This indicates the number of periods that you want to retain Assets Register entries. These are the detail entries for transactions processed against your assets.

If entry records have been held on file longer than the number of periods specified here, then they are deleted when running the Purge function of the Assets Period End program.

The number of periods specified here also determines the number of periods for which you can view asset transaction entries using the Asset Query program.

Enter 99 to retain this information indefinitely.

An entry of 00 indicates that no entries must be retained.

	If the Basis for depreciation for Tax value is set to Period or Year, then you must retain tax valuation entries for at least 24 periods.

An entry of 00 indicates that no entries must be retained.

	If the Basis for depreciation for an Alternate value is set to Period or Year, then you must retain tax valuation entries for at least 24 periods for that alternate valuation.

This indicates the number of years that you want to retain Assets history.

These are the summary records of the transactions processed against your assets.

When entry records have been held on file longer than the number of years specified here, they are deleted when running the Purge function of the Assets Period End program.

The number of years specified here also determines the number of years for which you can view asset history using the Asset Query program.

Enter 99 to retain this information indefinitely. An entry of 00 indicates that no history must be retained.

Select this to maintain the period end dates for the current year, and control how information is posted to the Assets Register module.

The control of information posted is achieved by defining the access status (i.e. open or closed) for the current period. A status of open allows postings to be made to the period, while a status of closed prevents further postings from being made to the period.

	Postings cannot be made to a future period, regardless of whether the period is open or closed.

This is the period end dates defined for each period in the current year.

This indicates whether or not posting can currently be made to the period.

A status of open allows postings to be made to the period, while a status of closed prevents further postings from being made to the period.

Select this to maintain the period end dates for the previous year.

This is the current Assets Register period and is automatically changed when a month end is performed using the Assets Period End program.

This indicates the current labor analysis week number.

The week number is incremented by 1 each time you run the Labor weekly update function in the Assets Period End program.

It is reset to 1 after the Month end function is run.

	This option affects only the labor analysis system, which is controlled on a weekly/monthly basis.

This indicates the current labor analysis month number. This month number is incremented by 1 each time you run the Month end function of the Assets Period End program. It is reset to 1 by the Year end function when month 13 is reached.

	This option affects only the labor analysis system, which is controlled on a weekly/monthly basis.

This indicates the calendar year in which your current financial year ends.

You cannot change this field if any depreciation data already exists in either the Assets History file or the Assets Entries file.

This indicates the month in which your company is running, in relation to the start of your financial year.

You cannot change this field if any depreciation data already exists in either the Assets History file or the Assets Entries file.

This indicates the number of accounting periods per year as defined at company level (Company Maintenance - General tab).

Select this to automatically allocate a capex code when you add new capex items. This will be based on the entry made at the Next capex number field below.

	You can only assign asset codes automatically if the Capex code key type is set to Numeric (Set Key Information).

The wording you assign to these fields is the wording displayed in entry/display forms.

Specify your own wording for each of 10 the alternate valuation books. The wording you enter is used instead of the default 'Alternate Valuation' wording in the Assets programs.

The distribution register numbers refer to the reference numbers allocated to each group of entries generated by the Asset GL Integration program.

This number is incremented by one each time a new group of ledger entries is generated. It is reset to 1 when the Year end function of the Assets Period End program is run.

This indicates the reference number that will be allocated to the next group of entries generated by the Asset GL Integration program.

This indicates when the last Month end function of the Assets Period End program was run.

This indicates when the last Year end function of the Assets Period End program was run.

This indicates the period in which the last depreciation calculation was processed using the Asset Depreciation Calculation program.