IMPORTANT |
It is extremely important that you set up and work within your own company to maintain your data integrity. If you work within any other company, your exercises will not function as intended and the data of other students might be affected. Predictable exercise results require that your data is isolated in your own company. |
Purpose: The purpose of this exercise is to show you how to enter the data that is required to perform the object operation exercises. You must have performed the following exercises:
Acquisition
Depreciation According to Plan
Create two or three new fixed assets to use in this exercise.
Activate and depreciate the assets through the end of the current period. All objects must be in the Active status and must be depreciated to the end of the month during which the object operation will occur.
Purpose: The purpose of this exercise is to show you how to change the net value for an object without using the normal depreciation process.
Note: If any of the required default data is missing in the exercises below, return to previous Basic Data and Requirements exercises. Enter or change the information so that it corresponds with the exercise. The object must be in the Active status and must have been depreciated before the net value change.
Windows:
Posting Control
Open the Posting Control window.
Verify that posting types FAP15, FAP16 and FAP30 exist.
Windows:
Change Object Value
Note: A voucher is transferred to the hold table.
Windows:
Posting Control
Open the Object Transactions per Object Analysis window.
Find information about the object.
Windows:
Vouchers Analysis
Open the Vouchers Analysis window.
Find information about the voucher in the hold table.
Purpose: The purpose of this exercise is to show you how
to change the
acquisition value for a fixed asset that is not initiated by an additional
investment. Inflation or another revaluation of a specific object or
object group could cause this change.
Note: If any of the required default data is missing in
the exercises below, return to the Basic Data and Requirements exercises. Enter or
change the information so that it corresponds with
the exercise. The object must to be in the Active status and must have been depreciated. Enter information
about the object, and create postings.
Windows:
Posting Control
Windows:
Change Object Value
Note: A voucher is transferred to the hold table.
Windows:
Change Object Value
Open the Object Transactions per Object Analysis window.
Find information about the object.
Windows:
Vouchers Analysis
Open the Vouchers Analysis window.
Find information about the voucher in the hold table.
Note: Any change in acquisition value affects the asset's depreciable basis. This change may have different effects depending on the depreciation method used. See the online help files for further information.
Purpose: The purpose of this exercise is to show you how to add an investment (i.e., an additional invoice or credit note) after the object becomes operational (Active object status).
There are two types of additional investment transactions that could be initiated they are additional investment transactions initiated within IFS\Fixed Assets and additional investment transactions initiated outside IFS\Fixed Assets.
Note: If any of the required default data is missing in
the exercises below, return to the Basic Data and Requirements exercises. Enter or
change the information so that it corresponds with
the exercises. The object must be in the Active status in
order to perform an additional investment.
Windows:
Posting Control
Open the Posting Control window.
Verify that posting type FAP14 and FAP29 exist.
Windows:
Change Object Value
Note: A voucher is transferred to the hold table.
Windows:
Change Object Value
Open the Object Transactions per Object Analysis window.
Find information about the object.
Windows:
Vouchers Analysis
Open the Vouchers Analysis window.
Find information about the voucher in the hold table.
Windows:
Voucher Entry
Open the Voucher Entry window, and create a manual voucher to post additional investment amount. Always use the acquisition accounts that are attached to your objects and the list of values to select your code parts.
Save you changes.
Note: You can also enter additional investment values using a supplier invoice in IFS\Invoice. The voucher type used for the manual voucher or the supplier invoice posting should have it's ledger selection defined as GL, affect IL.
Windows:
Update GL Vouchers
Note: When the update is performed, IFS/Fixed Assets is also updated with the additional investment values.
Windows:
Add Investment - Progress
Open the Add Investment - Progress window, and Select the object to which the add investment transaction is performed.
Right click and click the Activate option.
Note: Any change in acquisition value affects the asset's depreciable basis. This change may have different effects depending on the depreciation method used. See the online help files for further information.
Purpose: The purpose of this exercise is to show you how to roll back previously entered object operations. Functions such as Additional investment transactions initiated within IFS\Fixed Assets, Change Acquisition Value, and Change Net Value are canceled using the Object Operations window.
Postings created while canceling are always opposite of those originally created. They are created as correction vouchers, i.e., negative debit and credit amounts.
When you cancel an event, the voucher date for the original event is displayed by default. If this voucher date belongs to a closed period, it must be changed. Note that the event is assigned the original date for the transactions in IFS/Fixed Assets.
Windows:
Object Operations
Note: The respective voucher source such as supplier invoice and manual voucher must be canceled in order to rollback Additional investment transactions initiated outside IFS\Fixed Assets.