Copying Short Year Information
What happens
if the selected books have different short year information?
When you change the short
year information for an asset, you must reset
and recalculate its depreciation. The short year information may change
for assets when you copy depreciation
information from one book to another, and the Source Book and the
Destination Book have different short year information.
If the Source Book and the Destination Book have different short year information, you have two options:
- Copy short year
information from the Source Book into the Destination Book. Note that
by making this selection, any existing short year information in the
Destination book will be replaced by information in the Source book.
This may require that you reset
and recalculate depreciation in the Destination book, but only for
existing assets that were not overwritten by the Copy Book information.
- Proceed with the
Copy Book function without changing short year information in the Destination
book. Note that by making this selection, you will need to reset
and recalculate depreciation on all assets in the Destination book.
If you select the first option, you would not need to reset and recalculate
depreciation unless you cleared the Overwrite Existing Data check box
in the Copy Book dialog.
If you select the second option, we recommend that you reset depreciation
to the beginning date and recalculate depreciation for all of the assets
in the Destination Book.
