Book Overrides Tab
Follow the guidelines provided below to complete the Book Overrides tab of the New Organization window or Edit Organization window.
The Book Overrides tab displays the default settings used to calculate the depreciation of your assets if they were previously depreciated using another system. You can override any of the defaults on this tab by selecting another valid option.
By default, the application does not apply a depreciation adjustment amount to your prior depreciation calculations. The depreciation adjustment amount is the difference between the user-entered beginning depreciation amounts and the amounts the system calculates for the same period.
Follow the guidelines provided below to complete the Adjustments field on the Book Overrides tab. You may want to change the default settings applied by the application.
Items on this tab
| Item | Notes |
|---|---|
| Adjustments | This field allows you to specify how you want the system to handle assets that have a calculated adjustment due to user-entered depreciation amounts. Note that this option only affects assets that were underdepreciated before they were added to the application. |