Occurrence

This field indicates the types of production annotation in which one may only perform the annotations referring to the current month and the transaction date is later than the asset lock date.

Reversal is only performed if there are no later annotations. If there are, one must enter a new revision annotation with the appropriate amount and it may only be done if the transaction date is later than the asset lock date.

Production estimate annotation

The total estimate of initial production is generated by adding a fixed asset according to the amount indicated in the Prod. Estim., with occurrence of the P0 - Production Estimate type.

Production estimate revision annotation

The revision of the total estimate of initial production for the fixed asset item, with occurrence of the P1 - Production Estimate Revision type. It is permitted that the next exhaustion calculation makes a new estimate to determine the exhaustion result of the prediction annotation.

Regular production annotation

The production amount for a given period, considering the function of the exhaustion method selected for the asset item with occurrence of the P2 – Production type.

Production closing annotation

It is a special production annotation which indicates, at the same time, the production amount for a given period and that it is the last production to be annotated for the asset item. This annotation encompasses all the remaining cost to use, closing the production process. This annotation is registered by the occurrence of the P3 – Production Closing.

Complementary production annotation

It is a special production annotation which indicates an extra amount of production, even after the production closing annotation has been done. This annotation is generated at zero cost, by the occurrence of the P4 – Complementary Production type.

Accrued production annotation

Accrued production is generated by adding a fixed asset according to the amount indicated in the Accr. Prod. field and the value indicated in the Accr. Deprec.. This annotation is registered by the occurrence of the P5 – Accrued Production.

It is possible to reverse production and production annotation prediction:

Estimate revision reversal

This reversal register the canceling of revision annotations of initial production total estimate and it is registered by the occurrence P8 - Production Estimate Revision Reversal.

Production annotation reversal

This reversal registers the canceling of production annotations, registering production cancellation (P2), production closing (P3) and production complement (P4). The fields of the previous fixed asset form are updated by the occurrence P9 –Production Reversal.