ASPIRE V5 | Depreciation | Knowledge Base

Depreciation
Updating Book Depreciation during Renewal to depreciate the residual
It is not an uncommon scenario to have an operating lease asset that is set to depreciate down to a residual value. Once the contract matures and it moves into a renewal period you typically want to continue book depreciation to offset the renewal ...
Bulk Asset Processing - Tax Depreciation Code Update
To address potential issues that could arise from attempting to update Tax Depreciation codes from the Global Equipment Update from Equipment Work Queues, we have developed a new tool to specifically handle this process. Things to note: - Global ...

Popular Articles
ASPIRE Upgrade Preparation Guidance
Summary This article is intended to provide guidance for ASPIRE v5 customers to test a new release of the system prior to deployment for production use. The processes outlined are not representative of all potential configurations and usage of the ...
Month End Procedures ASPIRE
See attachment for guidance on processing month end
Enforcement of Password Rules In 5.20.33+ Releases of ASPIRE
Beginning in the 5.20.33 release of ASPIRE the Password Rules and Account Rules settings configured under Administration -> Account Security are now enforced upon every login session to the system. This includes users configured in the system that ...
Processing Vendor Invoices in ASPIRE Accounts Payable
Vendor account must be set up in the system with a role that has the role type Vendor. The vendor accounts need to be configured in the Accounts Payable tab of Account Explorer -> Main. When a contract is created the appropriate vendor account needs ...
400 Error when using DocuSign Integration
Normally, when an ASPIRE user attempts to submit an envelope to DocuSign, a “success” message will be returned along with a DocuSign Envelope ID. Occasionally, an error message will be returned. Typically, this is a 400 error. 400 errors indicate a ...

Depreciation