Zeroing out asset costs

You use the Assets application to zero out the year to date or the total costs for an asset. This action might be performed once per year.

Procedure

  1. From the Assets application, display the record whose costs you want to reset.
  2. From the Select Action menu, select Zero Asset Costs.
  3. In the Zero Asset Costs window, select either of the following options:
    1. Select the Zero Year to Date Costs check box, to zero all costs to date within the current year.
    2. Select the Zero Total Costs check box, to zero all costs for the asset.
  4. Click OK.