Maintain the residual value settings on the fixed asset group book level
In Japan, if there are assets for which you want to set the residual book value to 0 yen (intangible assets) and assets for which you want to set the residual book value to 1 yen (tangible asset) with Old straight-line or Old declining-balance method, even if they have the same depreciation me...
Having a “Summarize depreciation” option when posting accelerated depreciation
In Japan, usually, closing fiscal period monthly. It is called ‘月次締’.
The process as for the accelarated depreciation is as following:
1. Each month, post regular depreciation and all other transactions, and then close the month.
2. In the end of the year, when the...
When proposing depreciation of a lump sum depreciable asset, each of the subject fixed assets should be totaled as a lump sum depreciable asset and divided by the number of years.
From asset management perspective, we would like to register each asset individually. But if those assets are the lump sum depreciable assets, currently we need that all acquisitions of a lump-sum depreciable asset must be posted to one.
If we could register each asset individ...