Record Mass Depreciation

General Steps for Performing an Automated Depreciation Calculation are:

1. Using the Batch Administration pages under the Application Administration workspace, set up and run the Mass Depreciation (FADP) process in Update mode.  
   
   NOTE: Users must have the appropriate security to access these pages.  The FADP set up requires batch parameters used by the depreciation process to perform the mass depreciation.  For example, some of the required parameters are Document Code, Document Department, and Depreciation End Date.  See the CGI Advantage Financial - Fixed Assets Run Sheets guide for details on using the FADP process.

2. The FADP process creates and submits a Fixed Asset (FA) document with a ME (Mass Depreciation Expense) document code for ranges of assets based on the parameters you set up in the previous step.

3. The Mass Depreciation Event Type triggers updates at the time Mass Depreciation process is run.  The Event Type FA13 - Mass Fixed Asset Depreciation is associated with the Fixed Asset Mass Depreciation process. The Mass Depreciation process updates the following tables and ledgers:

   • Fixed Asset Registry (FAR)

   • Fixed Asset Accounting Journal (FAAJ)

   • General Accounting Journal (JACTG)

   • Balance Sheet Account Balance (BBAL)