The following describes how to create an update proposal which is a depreciation proposal that has to be run when you are ready to update the depreciation. You generate a depreciation proposal containing all the assets that need to be depreciated for a given time period.
The update proposal has the following characteristics:
- You must run the update proposal for all assets; you cannot select certain assets as you can do for the work proposal, see Create a work proposal.
- All assets on an update proposal are frozen for the selected depreciation types. You cannot work with these assets until you update depreciation (or delete the proposal).
- You are not permitted to update the depreciation if any entries on the proposal contain accounting rule errors or accounting errors.
- An update proposal containing errors must either be deleted and created or rebuilt (see Rebuild G/L accounts). Once there are no errors, you can update the depreciation.
Note: However, there is always a possibility to do a selection on which depreciation types to include in the proposal. This can be done in the Run depreciation field.
- Select the Work with depreciations menu item.
- On the Depreciation – proposal overview panel, click Add.
- You access Depreciation – proposal creation. Follow the instructions for completing the fields in step 3 in Create a work proposal with the following exceptions:
Selection
The parameters for selection cannot be used for update proposals. You must include all assets.
- Work proposal
- Leave the defaulted NO to indicate that this will be an update proposal.
Click OK to create the proposal. Exit the routine.