DEPRECIATION DISTRIBUTION FUND ROLLOVER allows you to create new depreciation distribution records and update the fiscal year of the general ledger account codes in the depreciation distribution records. Capital asset records that are selected must meet the following criteria:

They must exist in the current logged-on FileID.
They must exist in the current fiscal year, as compared to the Asset Management

Options table.

> They must have not been fully depreciated.
They must have not been disposed of.

If you check your dropdown of available FileID’s now, you will see the new year has been created in this step.