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Index Insurance Batch Job

Indexes the value of the insurance coverage that is necessary for fixed assets. The value of fixed assets, which require insurance, is registered in the Ins. Coverage Ledger Entry table. When assets increase or decrease in value, the insurance coverage ledger entries must be adjusted to reflect the actual value of fixed assets.

The batch job creates entries in the insurance journal based on the conditions you specify. You can then post the journal or adjust the entries before posting, if necessary.

Options

Field Description

Index Figure

Enter an index figure. This is the figure that the batch job uses to calculate the index amounts that is entered in the journal. For example, if an asset has increased in value by two percent, you should enter 102 in this field; if an asset has decreased in value by three percent, you should enter 97 in this field.

Posting Date

Enter the posting date to be used by the batch job. This date appears in the Posting Date field on the insurance journal lines.

Document No.

Leave this field blank if you have set up a numbering series for the insurance journal batch in the No. Series table and the journal is empty. The batch job automatically fills in the resulting journal lines with the next available number in the series.

Posting Description

Enter a posting description for the resulting journal lines.

Tip

For more information on how to work with batch jobs, see How to: Run Batch Jobs and How to: Set Filters. For assistance in finding specific pages, see Search.

See Also

Other Resources

Posting Date
No. Series