Index fixed assets
To index fixed assets, follow these steps:
Select the Search for page icon in the upper-right corner of the page, enter index fixed assets, and then select the related link.
In the Depreciation Book field, select the depreciation book where you want to index fixed assets.
In the Index Figure field, enter an index figure. The batch job uses this figure to calculate the index amounts that are entered in the journal. For example, to index by four percent, enter 104 in this field. To index by -2 percent, enter 98 in this field.
In the FA Posting Date field, enter the FA posting date to display in the FA Posting Date field in the resulting journal lines. The batch job includes ledger entries up to the date that is specified in this field. If the Use Same FA Posting Dates field for the depreciation book is selected, this date must be the same as the posting date that is entered in the Posting Date field.
In the Posting Date field, enter a posting date so that it appears in the Posting Date field in the resulting FA G/L journal lines for assets that are integrated with the general ledger. If the Use Same FA+G/L Posting Dates check box is selected in the depreciation book that is used by the batch job, this date must be the same as the fixed asset posting date that is entered in the FA Posting Date field.
Leave the Document No. field blank when you set up a numbering series for the fixed asset journal batch in the No. Series table. Currently, the fixed asset journal batch doesn't have journal lines entered in it. The batch job automatically assigns the next available number in the series to the journal lines that are copied to the fixed asset journal batch.
In the Posting Description field, enter a posting description to appear on the resulting journal lines.
Select the Insert Bal. Account option if you want the batch job to insert balancing account(s) in the resulting journal. The batch job uses the accounts that you set up in the FA Posting Groups window.
Under the Index field group, you can select the fixed asset transaction types to be indexed for the fixed assets that are included in the batch job.
On the Fixed Assets FastTab, you can set filters to select the fixed assets to index.
When you select OK, the program creates journal lines in the fixed asset G/L journal or the fixed asset journal, depending on the depreciation book that you used. You can open the journal and post the lines.
You can correct an indexing error by using the Cancel FA Ledger Entries batch job and then running the Index Fixed Assets batch job again.