Modifying depreciation

You can use the Depreciation Details for CI dialog box to change the start date for depreciation and to select the depreciation method. You can also recalculate depreciation based on different criteria.

After depreciation has been calculated for an asset, the Depreciated field on the Financials tab on the CI Information form is set to Yes and the View button is visible.

To modify depreciation

1. Open a CI, as described in Using-search.
2. Click the Financials tab.
3. In the Accounting Information area, click View. (If you see a Create button instead of a View button, depreciation has not yet been specified for this record. See Providing-depreciation-information.)
   The Depreciation Details for CI dialog box appears, displaying the depreciation for any months in which the CI has already been depreciated.
   
   
   
4. Modify any of the following fields:
   • Method
   • Useful Life (months)
   • Depreciation Starts

   • Salvage Value
     For information about these fields, see Providing-depreciation-information. 

     Warning

     Note

     For charge-back entries for depreciation to work correctly, the same price must appear in the following fields: Unit Price field on the CI record form, Related Cost field on the Cost form, and the Total Purchase Cost field on the Depreciation form.

5. Click Recalculate to recalculate the depreciation for this CI record.
6. Click Yes or OK in any confirmation messages that appear.

7. In the CI record, click Save. 

   Warning

   Note

   If you modify the Total Purchase Cost field on the Depreciation Details for CI dialog box and click Recalculate, a message indicates that you must manually update the Total Purchase Cost field on the Financials tab on the CI Information form.