The assetDepreciationBatchJob runs on the third Thursday of each month, depreciation is calculated and posted based on the value in DEPRECIATION_PERIOD parameter.
If you need depreciation to run outside of the normal run time, perhaps due to batch failure or during year end, use the blank out parameters.
WARNING: Runnng depreciation off cycle should be run prior to the next depreciation run. If you run depreciation for a prior cycle after depreciation has run for the next period, depreciation may not be accurately calculated due to looking forward.
The following parameters stop depreciation from running on the third Thursday between the dates specified in this parameter:
- BLANK_OUT_PERIOD_BEGIN = <to a month/date prior to today> format mm/yy
- BLANK_OUT_PERIOD_END = <to a month/date after to today> format mm/yy
The following parameters specify when depreciation should run and for what period:
- Set BLANK_OUT_PERIOD_RUN_DATE = <today's date, or the day you would like depreciation to run> format mm/dd/yyyy
- Set DEPRECIATION_DATE = <the date depreciation should run as of, for example the last day of the prior month> format yyyy-mm-dd
When the depreciation job runs on the date specified in the blank out run date parameter, depreciation will be created for the accounting period associated with the depreciation date parameter.
For information on running depreciation at year end refer to the Sample - Year End Depreciation Schedule article.