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Forums Financial Management Lawson S3 Financials

Asset Managment - 8.1

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Ron Swanson
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1/15/2015 6:50 PM
The user believes that the Current Period Depreciation on an AM260 report is an accumulated to date figure, for the current period and will change any time she runs it.

I am certain the CP Depr shows up after AM180 is run. And when AM190 is run I assume the CP Depr is cleared and the YTD, LTD is updated.

Can someone verify this sequence for me?

These are folks on 8.1 with no on site staff who were ever trained on Lawson. I am just trying to look at manuals and help.

Thanks.
Bob Canham
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1/15/2015 7:00 PM
Ron,

Your understanding is correct. Current Period Depreciation appears after the AM180 has been run in an update mode to calculate the depreciation. If the AM260 is run for Preliminary Close N, then the current period depreciation will not be included in year-to-date or life-to-date depreciation. If you run it with Preliminary Close Y, then current period depreciation will be included in year-to-date and life-to-date depreciation. When the period is closed using AM190, the values will be updated, so YTD & LTD depreciation will update and Current Period will be zero again.
Ron Swanson
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1/15/2015 7:28 PM
Thanks - That's exactly what I needed to know.
:)