Fixed Assets - EBS (MOSC)

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How does the "Amortize Adjustment" option in the "Book" forms work, in detail?

edited Nov 30, 2017 10:53AM in Fixed Assets - EBS (MOSC) 5 commentsAnswered ✓

I am on R12.2.5  Assets, working in a TEST environment.

I have a lease of several years old which was extended due to a refinance and I want to adjust the Amortization Start Date.  I have this option set in book controls:

In the asset workbench, I query the asset and click "Books"

After selecting our only book, I see the adjustment options highlighted in yellow:

For the Amortization Start Date I am putting in 12/1/2012.  When I save it, the info bar at the bottom of the java forms states that one record was applied.

Depreciation was ran after that. 

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