*this scenario is not applicable to institutions with no current results or those not using the interface process. 2 Add an asset using Basic Add. Use a Asset will be created. September accounting date. 3 Perform a Cost Adjustment to an asset. Cost will be modified on Use a September accounting date. an asset. 4 Perform a Book Adjustment to an asset to Useful life will be change its useful life. Use the Life to Date modified for an asset. convention and a September accounting date. 5 Retire an asset. Use a September Asset will be retired. accounting date. 6 Verify that the assets that you created or Should see Open Trans modified in steps 1-5 are shown as Open for added or modified Trans. assets.
*this scenario is not applicable to institutions with no current results or those not using the interface process. 2 Add an asset using Basic Add. Use a September accounting date. Asset will be created. 3 Perform a Cost Adjustment to an asset. Use a September accounting date. Cost will be modified on an asset. 4 Perform a Book Adjustment to an asset to change its useful life. Use the Life to Date convention and a September accounting date. Useful life will be modified for an asset. 5 Retire an asset. Use a September accounting date. Asset will be retired. 6 Verify that the assets that you created or modified in steps 1-5 are shown as Open Trans. Should see Open Trans for added or modified assets.
PeopleTools_UAT_Task_List_Asset_Management_final.docx