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Search HansaManuals.com HansaManuals Home >> Standard ERP >> Assets >> Maintenance Previous Next Entire Chapter in Printable Form Search This text refers to program version 2024-01-27 Update Purchase Value on Asset This page describes the 'Update Purchase Value on Asset' Maintenance function in the Assets module.--- Before version 4.2 of the application, the Quantity of an Asset (on the 'Owner' card) did not affect the calculation of depreciation and was for information only. This meant that before version 4.2 the Purchase Value (on the 'Purchase' card) was a total figure, but in 4.2 it became a unit figure. If you have Assets that you entered in version 4.1 or earlier, you should check the Quantity is not zero or blank in any Asset record, otherwise depreciation will not be calculated. If the Quantity in any Asset is greater than one, you should then make sure its Purchase Value is a unit figure (and other figures such as Initial Depreciation, Residual Value and Fiscal Value as well). You can use this Maintenance function to convert Purchase Values to unit figures, although it will not convert the other figures. It will do this by dividing the existing Purchase Value by the Quantity.
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