For a new record, enter, or click to select, the fiscal year for which you want to add or view accounting period data.

The fiscal year must have already been set up on the Manage Fixed Assets Fiscal Years screen.

Provide data for the current fiscal year and at least two future fiscal years. To enable the projected depreciation functionality, you should enter all future fiscal years and their respective accounting periods for which you want to compute projected depreciation.

Alternately, you can run the process from the Update FA FY/Pd Information from GL FY/Pd Information screen to import both accounting period and fiscal year data already existing in Costpoint General Ledger.

In some circumstances, you should also enter historical fiscal year data. See the FAQ, "How is the fiscal year/accounting period setup data from this screen used in Fixed Assets?" for more information.

The system automatically displays the fiscal year description set up for the fiscal year on the Manage Fixed Assets Fiscal Years screen in this field. The description may have been manually entered or imported from Costpoint General Ledger by running the Update FA FY/Pd Information from GL FY/Pd Information process.

For a new accounting period, enter the accounting period.

Although there is no system validation against existing accounting period data in Costpoint General Ledger, period data should be identical to data set up for comparable fiscal years/periods in Costpoint General Ledger to avoid Fixed Assets calculation, posting and reporting problems.

Alternately, run the Update FA FY/Pd Information from GL FY/Pd Information screen to import accounting period data already existing in Costpoint General Ledger.

For a new accounting period, enter, or click to select, the ending calendar date for the accounting period.

Although there is no system validation against existing accounting period data in Costpoint General Ledger, period end dates should be identical to data set up for comparable fiscal years/periods in Costpoint General Ledger to avoid Fixed Assets calculation, posting and reporting problems.

Alternately, run the Update FA FY/Pd Information from GL FY/Pd Information screen to import accounting period data already existing in Costpoint General Ledger.