Index Fixed Assets Batch Job
Indexes fixed assets that are linked to a specific depreciation book. The batch job creates entries in a journal based on the conditions that you specify. You can then post the journal or adjust the entries before posting, if necessary.
You can index various types of fixed asset transactions: acquisition cost, depreciation, appreciation, maintenance and so on. You can also choose to have the batch job insert balancing accounts in the journal according to the accounts you specified in the Fixed Asset table.
For example, you can set up a special depreciation book for your assets for indexation purposes. Then, if you index your fixed assets to account for inflation, you can see the replacement cost of your assets at a specific time.
To run the batch job, the Allow Indexation field in the Depreciation Book table must be activated for the depreciation book specified in the batch job.
Options
| Field | Description |
|---|---|
Depreciation Book |
Select the depreciation book code for the depreciation book to be used in the batch job. |
Index Figure |
Enter an index figure. The batch job uses this figure to calculate the index amounts entered in the journal. For example, if you want to index by 2%, enter 102 in this field; if you want to index by -3% percent, enter 97 in this field. |
FA Posting Date |
Enter the fixed asset posting date to be used by the batch job. The batch job includes ledger entries up to this date. This date appears in the FA Posting Date field in the resulting journal lines. If the Use Same FA+G/L Posting Dates field has been activated in the depreciation book that is used in the batch job, then this date must be the same as the posting date entered in the Posting Date field. |
Posting Date |
Enter the posting date to be used by the batch job. This date 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 field has been activated in the depreciation book that is used in the batch job, then this date must be the same as the fixed asset posting date entered in the FA Posting Date field. |
Document No. |
Leave this field blank if you have set up a numbering series for the fixed asset journal batch in the No. Series field and the journal is empty. The batch job automatically fills in the resulting journal lines with the next available number in the series. |
Posting Description |
Enter a posting description to appear on the resulting journal lines. |
Insert Bal. Account |
Select if you want the batch job to automatically insert balancing accounts in the resulting journal. The batch job uses the accounts that you defined in the FA Posting Group table. |
Index |
Select the fields with the fixed asset transaction types that you want to index for the fixed assets that are included in the batch job. For example, if you want to index acquisition cost, select the Acquisition Cost field. |
Click the OK to start the batch job. If you do not want to run the batch job now, click Cancel to close the window.
Tip
For more information on how to work with batch jobs, see How to: Run Batch Jobs and How to: Set Filters. For assistance in finding specific pages, see Search.
See Also
Other Resources
FA Posting Group
Allow Indexation
Use Same FA+G/L Posting Dates
Use Same FA+G/L Posting Dates
No. Series