Description
Repair program for correcting inconsistencies between asset line itemsfor reversals, and asset line items that were reversed.
During the production run, the program clears up:
- Variances in amounts regarding depreciation on transactions.
Such variances originate because the line item that was reversed
was not identified as reversed. After the reversal of the document,
depreciation was recalculated for the asset. This is not acceptable
if a retirement took place following the value date of the line
item.
- Missing reversal indicators
- Incorrect positive/negative sign for interest on transactionswhen line items are reversed
If you want a variance in amount for a line item, if a retirement tookplace, you must reverse the retirement before the production run.
You can no longer correct a variance in amount, or an incorrectpositive/negative sign, if the line item was posted in a fiscal yearthat is already closed.
The program logs every recognized inconsistency. It also logs eachupdating of a line item. The system automatically initiates therecalculation of depreciation for the affected assets when there arevariances in amount or incorrect positive/negative signs. Thisrecalculation automatically resets the values correctly in theyear segments during the production run.