Calculate Alternate Depreciation

Inventory Control Menu -> Depreciation -> Calculate Depreciation -> Alternate option -> Calculate Alternate Depreciation

Alternate Depreciation Overview
 Alternate Depreciation tracks a second depreciation amount on rental equipment, for tax and management purposes.

When rental equipment is entered using Add Rental Products the alternate depreciation information can be setup on the Fixed Asset Tag in the window on the Alternative Book Value.
 There are the same fields as the standard Asset Tag, except that these fields are for the Alternative Depreciation information.
 This information is updated whenever equipment is transferred (from rental to sale, or External Branch), additions are made, or equipment is disposed or when an Alternate Depreciation run is accepted.

The Alternative Accumulated Depreciation amounts are updated when Alternate Depreciation is run.
 The Alternative Depreciation does NOT post to the General Ledger, however, the Alternative Depreciation information is used on the following reports:

Book Value Report
 Disposal Transactions Report
 Equipment Summary Report

The process of calculating the Alternative Depreciation is identical to the standard depreciation run.
 Refer to the Depreciation Overview for details on this feature.
 The utilities for Alternate Depreciation include:
 

Calculate Alternate Depreciation
 Review Alternate Depreciation Calculations
 Print Alternate Depreciation Report
 Review Alternate Depreciation History

ACTIONS:
 Additional actions provided by buttons on the Calculate Alternate Depreciation screen include:

•Review Existing Unprocessed Alternate Depreciation Calculation Records:
 Click the REVIEW button to access Depreciation records to view, modify, or add them in Review Alternate Depreciation Calculations prior to printing and updating the Inventory sub-ledger.

•Review Processed Alternate Depreciation Calculation Records:
 Click the HISTORY button to view Depreciation records that have already been processed as outlined in Review Alternate Depreciation History.

•Print and Post the Alternate Depreciation Information:
 Click the REPORT/POST button to generate the report, as outlined in Print Alternate Depreciation Report.
 A printer can be confirmed or re-selected from the Printer option located on the menu bar at the top of the screen.

When the report is accepted the depreciation values are updated in the Inventory sub-ledger.

Topic Keyword: RSDA20