AM192 - Short Year Close
**Form purpose
Run Short Year Close (AM192) when the fiscal year for your company has been
changed, resulting in a year that is less than 12 months. Run this program
instead of the normal period-end program (AM190).
**Prerequisites
Before you run this program, make sure that the following steps have been
performed:
- You have released all asset records (AM170).
- You have calculated the current period depreciation (AM180).
- You have determined whether the 40tax rule applies to you (AM220), and
if so, you have adjusted your tax books accordingly (AM125).
- You have run all the reports to make sure your asset entries are accurate
and made any corrections necessary.
- You have backed up your data (strongly recommended).
**Procedure
You must specify either a company or company group and at least one book on
which to run this report. You can select up to 5 books, and for each book,
that you select, you must specify a new year end date.
**Decision/Impact
Run AM192 with the Release option turned to No first to check the results
without posting them.
: Once you run AM192 with the Release option set to Yes, AM192 is
irreversible, which is why you should back up your data before running the
program.
**More help
For information on short-year calculations, see chapter 4 of the Asset
Management Procedures Manual.
After you run AM192, perform the following steps:
1. Run your year-end reports (you cannot run them once the year is closed).
2. Back up your data (strongly recommended).
3. Close the year, using Year End Close (AM195).
Updated Files
AMACCOUNT - Used by a common library, not by this program.
AMACCTGRP -
AMASSET - Updates the last transaction sequence number.
AMASSETDSP -
AMASTBKDSP -
AMASTBOOK - Used to retrieve asset book information to check for
additional remaining life. Used to store the asset book records
that are used to depreciate assets.
AMASTITDSP -
AMASTITEM -
AMASTMXVAL -
AMASTRECAP - Used to calculate and store tax credit and recapture amounts;
accessed by common library.
AMASTTYPE - Used to retrieve asset types and accounts.
AMAUGROUP - Used to retrieve and validate accounting unit groups by use of
a common library.
AMCALENDAR - Updates the Depreciation Calculated flag to determine if AM195
(Year End Close) can be run for year end.
AMCONTROL - Locks the company record so that it cannot be updated while
AM192 is running.
AMPUHIS - Used by a common library, not by this program.
AMSEGBLOCK -
AMTRANS - Primary file updated. Used to store detailed records of asset
transactions that update the general ledger.
AMTRANSUMM - Primary file updated. Used to store summary records of asset
activity by general ledger account for a fiscal year
CKPOINT - Used for restart purposes.
GLCODES - Used by a common library, not by this program.
MXOBJCAT -
SYSTEMCODE - Used to determine if a general ledger system exists at the
same site as the Asset Management system. If not, the records
are not interfaced into the general ledger; instead, a CSV file
is created.
Referenced Files
AMASTITDSP -
AMBOOK - Used to retrieve the number of decimals and the currency code.
AMCOMPUTE - Used to retrieve compute statements for depreciation
calculations.
AMMETHOD - Used to retrieve depreciation methods for depreciation
calculations.
AMPUCODE - Used to retrieve the Post-Recovery Deduction flag.
AMTABLEPCT - Used to retrieve percentages for use in depreciation
calculations.
AMUOPPDS - Used to retrieve units of production information for use in
depreciation calculations.
GLADDRESS - Used by a common library, not by this program.
GLCGCPY - Used to validate the company group.
GLCHART - Used by a common library, not by this program.
GLSYSTEM - Used to validate the company.
WFSETUP -
INVOKED Programs
ACAC
ACCL
IFCU
IFSG
IFAC
IFAU
SLSE
SLSU
IFFC
IFGT
GLCC
IFOB
IFRS
IFSC
SLSB
IFJR
SLFD
|
