Entering units of output

Enter units of output information for equipment if you are tracking its depreciation based on the Units of Output depreciation method.

To enter units of output:

  1. Open the Assets, Positions, or Systems form.
  2. Select the asset, position, or system for which to enter units of output, and then click the Depreciation tab.
  3. Select the depreciation record for which to enter units of output, and then click Units of Output.
  4. Click Add Units of Output.
  5. Start Date—Enter the fiscal year for which to enter units of output. The system automatically populates End Date.
    Note: If the fiscal year’s End Date is later than today’s date, the system calculates Depreciate (To Date), Depreciation (Period To Date), and Book Value (To Date) based on the entire length of the fiscal year. See Viewing Depreciation Details
  6. Units of Output—Enter the number of units produced by the piece of equipment.
  7. Click Submit. The system updates the Units of Ouput list.
  8. Click Close.