Costpoint Online Help

Using the Help Search
Using the Help Search
  • Phrase:Returns all topics that contain the exact phrase in the search criteria. Use quotation marks around the phrase.
    Ex."system administration"
  • And:Returns all topics that contain all the words in the search criteria, in any combination. Insert a plus sign between all words in the search criteria.
    Ex.system + administration
  • Or:Returns all topics with any combination of words in the search criteria. This is the default.
    Ex.system administration
For more information:Searching Online Help

I computed depreciation successfully so why does the Current Pd Depreciation field now display a negative value or zero?

Troubleshooting Checklist

  • Have you set up Fiscal Year/Period (FY/Pd) data for at least two future fiscal years and accounting periods on the Manage Fixed Assets Fiscal Years and Manage Fixed Assets Accounting Periods screens?

    (If this data already exists in Costpoint General Ledger, you can copy this data into Costpoint Fixed Assets by running the Update FA FY/Pd Information from GL FY/Pd Information screen.)

  • If the asset uses a Date of Purchase basis AND you have selected the "Catch-Up" calculation option on the Configure Fixed Assets Settings screen that adds missed depreciation for prior periods in the current year to the current period depreciation amount, make sure that you set up historical FY/Pd data periods on the Manage Fixed Assets Fiscal Years and Manage Fixed Assets Accounting Periods screens.

    You should set up this data on a one-time basis for each year specified in the depreciation start date assigned to your Asset Master records, for which there is remaining book value.

  • Have you entered data in the Depr Start Date field on the G/L Book Info tab of the Manage Asset Master Information screen (or the corresponding field on the Manage Asset General Ledger Book Information screen)?

    If you use any optional book, have you entered data in the Depr Start Date field in the Other Books Info subtask of the Manage Asset Master Information screen (or the corresponding field on the Manage Asset Other Books Information screen)?

    If so, are all dates on or before the ending date of the current accounting period specified on the Configure Posting Settings screen?

  • If the asset uses a "Date of Purchase" basis for the depreciation method assigned to the asset, has the value in the Amt Taken Purch YTD field on the G/L Book Info tab of the Manage Asset Master Information screen (or in the corresponding field on the Manage Asset General Ledger Books Information screen) been initialized correctly?

    If you use any optional book, has the value in the Depr Start Date field in the Other Books Info subtask of the Manage Asset Master Information screen (or the corresponding field on the Manage Asset Other Books Information screen) been initialized correctly?

    You must initialize this field for historical assets before you compute depreciation. For new assets, no initialization is required before computing depreciation, and this field should display 0.00.

  • If the asset uses a Fiscal Year basis for the depreciation method assigned to the asset, make sure that the value in the FYTD Depreciation and/or the Prior FY Depreciation field on the G/L Book Info tab of the Manage Asset Master Information screen (or the corresponding field on the Manage Asset General Ledger Book Information screen) has been initialized correctly. If you use any optional books, make sure that the value in the FYTD Depreciation and/or the Prior FY Depreciation field in the Other Books Info subtask of the Manage Asset Master Information screen (or the corresponding field on the Manage Asset Other Books Information screen) has been initialized correctly.

    You must initialize one or both of these fields for historical assets, as applicable, before you compute depreciation. For new assets, no initialization is required before computing depreciation, and these fields should display 0.00.

  • For historical assets, is there data in the Current Depr Yr and Days/Pds Remaining fields on the G/L Book Info tab of the Manage Asset Master Information screen (or the corresponding field on the Manage Asset General Ledger Book Information screen)? If you use any optional books, is there data in the Curr Depr Yr and Days/Pds Remaining fields in the Other Books Info subtask of the Manage Asset Master Information screen (or the corresponding field on the Manage Asset Other Books Information screen)?

    If so, is the data in the Current Depr Yr and Days/Pds Remaining fields correct? Can the system find a percentage with which to compute annual depreciation by matching the current depreciation year (of useful life) with a year from the depreciation method assigned to the asset?

    For new assets, you do not have to initialize these fields before computing depreciation. As long as both of these fields are left blank, the system will automatically insert and use the correct values based on the date in the Depr Start Date field.

  • Is the asset fully depreciated? Is there any book value left upon which to perform depreciation calculations?
  • Is there a value in the Total Cost field (Cost Info tab and/or Other Books Info subtask of the Manage Asset Master Information screen, the Manage Asset Cost Information screen, or the Manage Asset Other Books Information screen)? If so, is there a value in the Amount to Depreciate field (G/L Book Info tab and/or Other Books Info subtask of the Manage Asset Master Information screen, and the corresponding field on the Manage Asset Cost Information or the Manage Asset Other Books Information screens)?
  • Is the Auto Calculate Depreciation check box selected (G/L Book Info tab and/or Other Books Info subtask of the Manage Asset Master Information screen, and the corresponding field on the Manage Asset Cost Information or the Manage Asset Other Books Information screens)?
  • Are you checking results against the record(s) selected for the compute process?