I responded to your posting on PlusCommunity - directing you here in the future. Because we check both Forums for issues surrounding all our products, my response is the same, as you have not given me any more details on your problem. Please look at the suggestions below, and if you still have problems, please enter another post that includes answers to the questions here...thank you!

Softrak took over TCS's Fixed Assets in early 2001. Since then, a new version (6.5A 010330) has been released.

Prior to this version, I believe TCS issued temporary "Y2K" ptfs to qualified End Users, and the 6.2B/C version was shipped. This was the version released for Y2K compliancy.

Softrak's 6.5A version implements full 4 digit year format for the input date fields as well as many other enhancements.

It is hard to determine if your problem is due to Y2K compliancy (i.e. FA reading the dates incorrectly and trying to adjust for them), or whether or not there has been something overlooked in the way you have tried to 'retire' the assets. Because you changed Dep periods in Jan 2001, it is not surprising that FA automatically created adjustment figures. This is what it is supposed to do. However, unless you have also changed the Recovery Schedule to Non-depreciable, or disposed the Asset, it will continue to calculate based on the information that was changed. If these assets had already reached their Depreciable value, and they had been retired (disposed) then no more adjustments should be necessary. Perhaps a processing step has been overlooked?

It would be helpful to know:

1. What version and release date of FA are you using?
2. How did you change the Dep periods in Jan 2001? (i.e. what exactly did you do.)
3. FA only allows you to enter adjustments during Year End, so this would be the only time you could enter offsetting adjustments - was this done?
4. Have you done a Data Integrity check on your FA data?

Any more detailed information that you can provide would be helpful.

Thanks.

Regards,
Softrak Technical Support