When the depreciation rate is changed for a particular asset type in an active depreciation book, Pinnacle allows changes to be made in that depreciation book for all assets of that asset type.
Go to the Asset Types table and change to the Depreciation Books tab
OR
Go to the Depreciation Books table and change to the Asset Types tab.
Modify a depreciation rate for an asset type within an active depreciation book.
Save the changes.
Specify whether you want to:
Modify the depreciation rate of all assets of this type in this book, from the most recent financial adjustment onwards (Pinnacle will modify the latest Financial Adjustment entry)
OR
Modify the depreciation rate of all assets of this type in this book, from the date of effect onwards (Pinnacle will add a new Financial Adjustment entry)
OR
Leave all assets of this type unchanged.
Type in a date of effect from which these changes will take effect. This is the date that will be recorded against any new financial adjustments that are added.
Specify if you wish to recalculate the retirement date for each asset modified, the residual value for each asset modified or not to recalculate either of these values.
Click the OK button to finalise the changes.
When you exit from the Asset Types table or the Depreciation Books table and some assets have had their depreciation rates modified, you will be asked whether to print a report which reflects all the changes that were made to assets. The depreciation calculations in the Audit report and in the Depreciation Rate Changes report will be calculated up to the date of effect for all assets. You cannot re-print this report once you have exited from the Asset Types or Depreciation Books window.